Qualitas Energy buys Macquarie's Cero Generation platform, 5.8 GW of solar and battery projects

Spanish fund manager Qualitas Energy has signed a definitive agreement to acquire Macquarie Group's European platform Cero Generation, which develops, builds and operates solar and battery storage projects. The portfolio totals 5.8 GW across the United Kingdom, Italy and Spain — more than 2 GW operating, under construction or ready-to-build, plus 3.8 GW in development — and includes the teams and offices in London, Milan and Madrid. The deal is made through the Qualitas Energy VI fund and, according to the company, will close in the coming months subject to conditions.