Centrus advises Foundation Property & Capital Group (FPC) as exclusive financial advisor on the investment from Stonepeak in Electric Land (the ‘Company’)

Transaction overview

Electric Land is Europe’s largest specialist investor and developer of powered land for renewable and flexible energy generation and storage. Electric Land’s business is focused on aggregating quality freehold, grid-connected land that is leased to independent power producers (‘IPPs’) or utilities for renewable energy generation and storage infrastructure. It does this both through developing assets and leasing them ready-to-build to IPPs and utilities, and through M&A of assets created by third parties.

Centrus acted as a financial advisor to FPC to raise investment in the Company from Stonepeak to fund the current portfolio and support further growth.

Strategic Rationale

The Company’s current portfolio of powered land sites comprises 1.1 GW across 29 owned sites, and it has a robust development pipeline of 9 GW across the UK, Ireland, and Germany.

Working closely with the Electric Land management team, Stonepeak intends to provide continual strategic and financial support to the Company as it grows its platform both organically and through additional acquisitions. To date, the Company’s growth has been funded by FPC, which will continue to support the business, and together with Stonepeak’s resources, unlock the pipeline and a new phase of growth.

Centrus’ Added Value 

• Designed the capital raise process and timetable.
• üCollaborating with the client on positioning of the opportunity with multiple capital sources across tangible assets.
• Coordination of due diligence advisors and management of sell-side due diligence processes.
• Identifying, screening and contacting potential investors and responding to due diligence enquiries. Dedicated support throughout the transaction, including transaction documentation and due diligence to enable smooth execution and an optimal outcome

“We are delighted to have acted as exclusive sell-side advisor for FPC and Electric Land in completing this deal with Stonepeak. We are thankful to the Electric Land team for their trust and collaboration, and wish the partners future success.”

Omer Fazal, Managing Director – Centrus

For more information, please contact Omer Fazal, Managing Director.

Back to Credentials

• 
• 
•