Umbrella Secures Zouk Capital Partnership for E-Mobility Expansion in Spain
Deal News | Mar 21, 2025 | Finance Community ES 2 - Corporate M&A
Finergreen has played an advisory role for Umbrella Global Energy in securing a financial agreement with Zouk Capital aimed at expanding Umbrella e-mobility, the electric vehicle (EV) charging platform. The agreement involves an initial investment of €15 million by Zouk Capital, which will obtain a 60% stake in Umbrella e-mobility. This financial infusion is targeted at expanding the fast-charging infrastructure in Spain, where Umbrella has already installed over 100 fast chargers at strategic locations through partnerships with retail chains such as Masymas and BlueSpace. Umbrella e-mobility plans to operate more than 1,000 charging points by 2028, utilizing only renewable energy sources. The Finergreen team, led by a combination of managing partners, associates, and analysts, facilitated the deal.
Sectors
- Renewable Energy
- Electric Vehicle Infrastructure
- Private Equity
Geography
- Spain – The expansion of Umbrella e-mobility's fast-charging infrastructure is specifically focused on the Spanish market.
Industry
- Renewable Energy – The article highlights Umbrella e-mobility's commitment to using renewable energy for its EV charging network, indicating the relevance of this sector.
- Electric Vehicle Infrastructure – The primary focus of the involved companies and the investment is the expansion of electric vehicle charging infrastructure in Spain.
- Private Equity – Zouk Capital, a private equity firm, is investing in Umbrella e-mobility, making private equity a relevant classification.
Financials
- €15 million – Initial investment by Zouk Capital in Umbrella e-mobility to expand its fast-charging infrastructure.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Umbrella Global Energy | Target company | Company | Developer and operator of the Umbrella e-mobility electric vehicle charging platform. |
| Zouk Capital | Bidding company/buyer | Company | A private equity firm investing €15 million to acquire a 60% stake in Umbrella e-mobility. |
| Finergreen | Financial advisor | Company | Played an advisory role in facilitating the financial agreement between Umbrella Global Energy and Zouk Capital. |
| Masymas | Retail partner | Company | A Valencian supermarket chain partnering with Umbrella e-mobility for EV charging station installations. |
| BlueSpace | Commercial partner | Company | A self-storage company partnering with Umbrella e-mobility for EV charging infrastructure. |
| Pablo Arbona Palancar | Managing Partner | Person | Part of the Finergreen team advising on the deal. |
| Juan José Pérez Fernández | Vice President | Person | Part of the Finergreen team advising on the deal. |
| Álvaro Martínez Elices | Associate | Person | Part of the Finergreen team advising on the deal. |
| Sonsoles Muñoz Santori | Associate | Person | Part of the Finergreen team advising on the deal. |
| David Postigo | Analyst | Person | Part of the Finergreen team advising on the deal. |