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Fotowatio Renewable Ventures
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Spanish renewable energy developer focused on photovoltaic plant construction and operation

Founded in 2006
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Spain Madrid, Spain
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Date Partner Type
01/21/2014
Abdul Latif Jameel Abdul Latif Jameel
Abdul Latif Jameel Energy, a wholly-owned division of Saudi-based Abdul Latif Jameel company, has formed a joint venture (JV) with Fotowatio Renewable ventures (FRV) to build photovoltaic (PV) solar energy projects in Saudi Arabia.
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Confirmed by Abdul Latif Jameel
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IPO INFORMATION

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Date Investors Type Amount
03/09/2012 Denham Capital Management Denham Capital Management (1)
Post-money valuation of
FRV and Denham have partnered to invest $190 million in a number of solar energy projects.
Project Finance $190,000,000
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