Miguel Sanchez Praena and Iñigo Sanchez Junco are joining Altano Energy as Managing Directors, with the goal of building a best-in-class renewables platform in Iberia backed by Pioneer.
Miguel is an investment professional with 15+ years of international experience in M&A, Structured Finance, and Business Development roles in top tier firms in the infrastructure space, such as Acciona, SunEdison or Ventient (IIF investment platform). He has a significant track record across Infrastructure & Renewable assets (Wind, PV, Biomass, roads, social infra) and €5bn+ of transactional experience (M&A and debt). He holds a BA in Civil Engineering from Granada and an MBA from SMU (Dallas).
Iñigo has over 12 years of experience in the renewable energy sector with a strong track record in business development, having developed more than 1 GW of projects internationally, and project construction. Previously, Iñigo led Canadian Solar’s business development team in Spain. He also brings experience from top tier companies such as Iberdrola and SunEdison, where he worked together with Miguel.
In early October, Altano Energy reached financial close, including a long term PPA and project financing with a major Spanish bank, on two PV projects totalling 64MWp in Puertollano, Ciudad Real, which are already under construction. Additionally, the platform has an advanced pipeline of over 400 MWs of projects of different technologies. Altano’s goal is to consolidate a portfolio of high quality and diversified assets, including not only PV and Wind technologies, but also exploring new complementary business vectors such as storage, hybridization, repowering and hydrogen. Altano Energy aims to capitalise on the strong fundamentals and expected growth of the Iberian renewables market.