Twenty years ago, Hyperion Renewables was born when investing in renewable energy was neither mainstream nor a global urgency. When many still did not recognise the potential of this sector, Hyperion already believed it would play a decisive role in the future of energy. It was this conviction that sustained the company from day one.

Since then, we have witnessed profound transformations. We have seen the costs of renewable technologies fall drastically, we have followed the evolution of a market initially sustained by support mechanisms towards a reality in which projects increasingly compete on their own economic merits, and we have watched the digitalisation of energy systems and the growing urgency of climate change in public debate. The sector has expanded, the context has become more demanding, and the scale of change has taken on a dimension few anticipated twenty years ago.

Despite the sector’s profound transformations, Hyperion has always maintained a clear ambition: to contribute meaningfully to the development of renewable energy in the markets where it operates – Portugal, Romania, and Spain. With an agile and entrepreneurial approach, we have sought to identify opportunities, anticipate trends, and deliver projects with technical, environmental, and economic rigour. This trajectory has only been possible thanks to the dedication of a team that has kept Hyperion’s entrepreneurial DNA alive as the company grew, and because our company’s values are firmly reflected in our day-to-day actions, in all of our projects. Over these twenty years, we have developed more than 60 projects, across different renewable technologies.

In a sector that continues to evolve at an accelerated pace, digitalisation, artificial intelligence, and the electrification of the economy are profoundly transforming energy demand, creating new needs and opportunities that we are only beginning to grasp. For us, this represents both an increased responsibility and a real opportunity to accelerate what we have always stood by.

However, the challenge lies not only in keeping up with this change, but in ensuring that it happens in a more informed, more responsible, and more lasting way. With active listening and continuous engagement from the very first moment of each project, we want every initiative to be built together and integrated into the territory that hosts it. Therefore, operating with transparency and rigour is not merely an option – it is an obligation. At a time when misinformation is also affecting the energy debate, Hyperion reaffirms its commitment to communicating based on facts, to being transparent with communities, and to refusing shortcuts that would compromise the trust we have spent twenty years building.

These twenty years would not have been possible without the trust of those who backed Hyperion from early on – our investors, including Mirova – our partners, with whom we have built more solid and complete solutions, and, above all, our team. It is the people who, every day, carry forward the values that were at the company’s origin. This continuity is our greatest asset and one of the achievements we are most proud of.

We look to the coming years with the quiet confidence of those who have travelled a demanding path, and the determination of those who know that the most important work still lies ahead.

We want to continue growing with ambition, strengthening a portfolio of projects that is ever more robust, diversified, and qualified, capable of rising to the challenges of the energy transition. This ambition is measured not only by the renewable capacity we install or the assets we develop, but also by how we integrate them into the territories, by the diversity of solutions we mobilise, and by the lasting value we create for investors, partners, communities, and the future of energy in the markets in which we operate.

The energy transition is not an endpoint – it is an ongoing commitment. Twenty years ago, we believed in renewable energy when many still did not recognise its potential. Today, we continue to believe in it as part of the solution. With the same conviction, the same responsibility, and the same willingness to build – project by project – a more sustainable energy future.

Lisbon – June 22, 2026 – Hyperion Renewables and Repsol have signed a renewable energy purchase and sale agreement that combines solar and wind power in a hybrid PPA. The contract reinforces both companies’ commitment to long-term energy solutions capable of supporting the decarbonization of economic activity and accelerating the energy transition.

The energy will be generated from two complementary projects in the Évora district: a solar photovoltaic plant in Estremoz and a wind farm in the municipality of Sousel. The combination of these two technologies contributes to greater stability in the supply of electricity from renewable energy sources.

Supply will begin in 2028 and continue for 10 years. In total, the two assets are expected to deliver approximately 140,000 MWh of renewable energy per year to Repsol, preventing the annual emission of more than 23,000 metric tons of CO₂. To put this in perspective, this volume corresponds to the annual electricity consumption of approximately 40,000 households.

Aytea Alvarez Amandi, CEO of Hyperion Renewables, states: “This agreement marks an important milestone for Hyperion Renewables and for our country. By structuring a PPA that combines solar and wind power generation, we are taking a concrete step toward creating renewable solutions that are more efficient, predictable, and aligned with companies’ decarbonization needs. As Europe accelerates its carbon neutrality goals, we believe that hybrid projects will play an increasingly important role in the energy transition, thanks to their ability to optimize resources, enhance the complementarity of generation, and offer greater stability to consumers.”

With this agreement, Hyperion Renewables reinforces its contribution to the diversification of renewable energy production in Portugal and to the development of innovative contractual models that bring producers and consumers closer together within a framework of competitive, long-term renewable energy.

About Hyperion Renewables – hyperionrenewables.com

Hyperion was founded in 2006 and has been one of the leading greenfield solar developers in the Iberian Peninsula, with an innovative and growth-focused approach. With two decades of experience and more than 770 MW of renewable energy projects developed, Hyperion is an Independent Power Producer (IPP) dedicated to the development, financing, construction, and operation of renewable energy projects, with more than 300 MW of assets in operation or currently under construction.

With an unparalleled greenfield track record across various solar technologies in the Iberian Peninsula, Hyperion is currently developing projects using new technologies, such as hybrid systems with wind power, energy storage, and renewable gases. Leveraging its strong DNA of innovation and growth, Hyperion has diversified its operations into new regions in Central and Eastern Europe, with a growing presence in Romania, among other markets.

The company is led by CEO Aytea Alvarez Amandi and Executive Chairman Pedro Rezende, supported by a team of 60 professionals.

For more information, please contact:
Hyperion Renewables
Beatriz Serrano Rodrigues | bsr@ampassociates.pt | +351 964 124 051
Catarina Travassos | ct@ampassociates.pt | +351 919 155 913

Lisbon – 23 March 2026 – Hyperion Renewables, in partnership with Vestas and Windpark, has announced the start of construction of the Nortada Wind Park, a 31.5 MW project located in Central Alentejo, in Sousel, representing an innovative milestone in Portugal’s renewable energy landscape. Once completed, the wind farm will form part of one of the first fully hybrid projects in Portugal to integrate solar generation, wind power and energy storage simultaneously, reinforcing the role of hybrid solutions in the energy transition and in the integration of renewable energy into the electricity system.

The Nortada Wind Park, the first project in Portugal for Hyperion Renewables, will enable the hybridisation of the grid connection point associated with the Cavaleira Photovoltaic Plant, located in Estremoz and already undergoing hybridisation with a battery energy storage system. This will bring together three technologies within the same grid connection infrastructure. This solution represents a direct optimisation that contributes to more efficient use of the electricity grid and greater flexibility of the energy system by combining complementary technologies at a single connection point, thereby reducing the need for new public infrastructure.

The project will feature seven Vestas V163-4.5 MW turbines, for a total installed capacity of 31.5 MW. Vestas will be responsible for the supply and installation of the turbines, as well as a long-term operations and maintenance agreement, while Windpark will perfom the construction of the wind farm.

“This is a pioneering project in Central Alentejo and a strategic milestone for Hyperion: it is our first wind farm in Portugal and demonstrates that the energy transition can be accelerated through innovative projects,” says Aytea Amandi-Alvarez, CEO of Hyperion Renewables. “By combining wind, solar and storage at the same grid connection point, we strengthen the flexibility and resilience of the electricity system while advancing an innovative and sustainable solution,” she adds.

“We are delighted to collaborate with Hyperion on this landmark hybrid project, which sets a new benchmark for the renewable energy landscape in Portugal. At Vestas, we continue to demonstrate that with the right technology, wind energy can be developed anywhere,” says Tiago Palma Veigas, Head of Vestas for Portugal.

“It is a pleasure to collaborate with two outstanding companies and contribute our expertise to this type of hybrid projects. We are fully committed to initiatives that integrate multiple renewable energy generation systems, optimizing grid connections and reducing environmental impact. Innovation means delivering real solutions to today’s energy challenges — with vision, experience and commitment,” says Mario de Gaviria, CEO of Windpark.

Through this investment, the three companies reinforce their commitment to developing innovative and sustainable energy solutions, contributing to a more resilient electricity system prepared to meet the challenges of the energy transition.

The delivery of the turbines is scheduled for early 2027, with commercial operation expected in mid-2027.

About Hyperion Renewables – hyperionrenewables.com

Hyperion Renewables is an Iberian company dedicated to the development, financing and operation of renewable energy projects. With two decades of experience and more than 750 MW of renewable energy projects developed, the company has strengthened its position as a key driver of the energy transition in the region. Since 2023, it has operated as an Independent Power Producer (IPP), focusing on Portugal, Spain and Romania. The company is led by CEO Aytea Alvarez Amandi and Executive Chairman Pedro Rezende, supported by a team of 60 professionals.

About Vestas – www.vestas.com

Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service onshore and offshore wind turbines across the globe, and with more than 201 GW of wind turbines in 88 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 161 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 37,000 employees are bringing the world sustainable energy solutions to power a bright future.

About Windpark – www.groupige.com

Windpark, with more than 50 years of experience in the construction sector, is part of Group IGE, an international group of companies with a new vision of construction. The group was created with the ambition of becoming a leader in civil construction and engineering, renewable energy, and the commercialization and distribution of construction materials, with the clear objective of consolidating a leading position in the sector. With more than 200 completed projects, participating in the construction of over 2,66 GW across 8 different countries, We also operate a 60-hectare site where our quarry, concrete plants, asphalt mixing plants, and our own laboratory are located, ensuring the quality of our products, maintain more than 180 company vehicles, and are supported by a team of over 190 professionals. We are currently involved in some of the most advanced projects on the Iberian Peninsula, such as the Nortada project. However, what we are most proud of are our long-term relationships with clients and suppliers, which confirm our professionalism and our commitment to excellence in every project we take part in.

For further information, please contact:

Hyperion Renewables
Beatriz Serrano Rodrigues | bsr@ampassociates.pt | +351 964 124 051
Carolina Cosme | cc@ampassociates.pt | +351 919 390 610
Catarina Travassos | ct@ampassociates.pt | +351 919 155 913

Vestas
Paula Canto González
Marketing and Communications Specialist
Vestas Mediterranean
Email: pacgn@vestas.com
Tel: +34 682 83 21 78

Windpark
Carolina Sanz Pérez
Marketing and Communications Specialist
Group Ige
Email: carolina.sanz@groupige.com

Lisbon – 12^th of February 2026 – Hyperion Renewables has successfully closed the financing of the Theia Project, a transaction of approximately €210 million to support the construction, operation and refinancing of a portfolio of renewable energy projects located in Portugal, with a total installed capacity of around 300 MW. The portfolio integrates solar photovoltaic, wind and battery energy storage, reflecting an innovative approach that combines different technologies to address decarbonization challenges and the growing need for flexibility in the power system.

The Theia Project comprises two hybrid projects and a set of Small Production Units (UPPs, Portuguese acronym). Highlights include the Cavaleira project, which combines solar, wind and batteries connected to a single grid connection point — a unique case in Portugal — and the Vale de Moura project, which integrates solar generation with battery storage. Altogether, the portfolio totals 295.45 MW, spread across solar, wind and storage assets, enhancing both operational efficiency and the contribution of the projects to grid stability.

Most of the energy produced will be marketed through long-term Power Purchase Agreements (PPAs) with national and international counterparties, including a hybrid PPA, with approximately 70% of the portfolio’s production contracted under these agreements. Uncontracted energy will be sold directly into the market. The battery storage projects included in the portfolio also benefit from support under Portugal’s Recovery and Resilience Plan (PRR, Portuguese acronym), underlining the strategic role of storage in renewable integration and security of supply.

The financing was structured by a syndicate of Portuguese and international banks and asset managers, combining project-level debt and holdco-level debt in a solution that, while common in other European markets, is pioneering in Portugal for projects with a significant energy storage component. The transaction was supported by legal advisors CS Associados, representing Hyperion Renewables, PLMJ, acting as legal counsel to the banking syndicate for the project-level debt; and Pérez-Llorca, as legal advisor to Eiffel Investment Group S.A.S. in connection with the holdco-level debt.

In total, the financing amounts to approximately €210 million, including around €175 million in project-level debt provided by a banking syndicate composed of Banco Santander Totta, S.A., Banco Português de Fomento, S.A., Banco Comercial Português, S.A., and Sumitomo Mitsui Banking Corporation (SMBC), and €35 million in holdco-level debt, provided by Eiffel Investment Group S.A.S. The financing is intended for investment in the projects (CAPEX), as well as for the refinancing or repayment of debt associated with already operational assets, strengthening the transaction’s capital structure.

“For Hyperion, this transaction represents a strategic milestone in our growth and consolidation path in the Iberian and European markets,” said Aytea Amandi-Alvarez, CEO of Hyperion Renewables. “The Theia Project demonstrates that it is possible to structure robust bank financings in Portugal for increasingly complex renewable portfolios, integrating both generation and energy storage. This financing reinforces our ambition to develop solutions that combine scale, innovation and a real contribution to competitiveness and the energy transition.”

With the Theia Project, Hyperion Renewables reinforces its position as a leading company in the development and operation of hybrid projects and integrated, innovative energy solutions, aligned with national and European priorities for a more sustainable, resilient, and economically competitive energy transition.

About Hyperion Renewables – hyperionrenewables.com

Hyperion Renewables is an Iberian company dedicated to the development, financing and operation of renewable energy projects. With two decades of experience and more than 750 MW of renewable energy projects developed, the company has been strengthening its position as one of the key drivers of the energy transition in the region. Since 2023, Hyperion has been accelerating its transformation into an Independent Power Producer (IPP), with a focus on Portugal, Spain and Romania. The company is led by CEO Aytea Alvarez Amandi and Executive Chairman Pedro Rezende, supported by a team of 60 professionals.

For more information, please contact:

Hyperion Renewables
Beatriz Serrano Rodrigues | bsr@ampassociates.pt | +351 964 124 051
Carolina Cosme | cc@ampassociates.pt | +351 919 390 610
Catarina Travassos | ct@ampassociates.pt | +351 919 155 913

Lisbon – 17 December 2025 – Hyperion Renewables, a company with nearly two decades of experience in developing, financing and operating utility-scale renewables projects, has started construction of its first battery energy storage projects in Portugal, in partnership with Omexom Portugal, a specialist in power engineering and infrastructure, and Saft,a subsidiary of Totalenergies and a global leader in advanced battery storage solutions. Together, the three companies are taking a decisive step towards greater grid stability and the next stage of Portugal’s energy transition.

Located in Estremoz and Évora, the projects—16 MW of injection power and 64 MWh of storage capacity—will be integrated with existing solar PV plants of 29 MWp and 52 MWp. Their operation will increase asset efficiency, reduce losses during periods of high solar output and directly contribute to a more balanced energy mix. The energy stored each day will be sufficient to supply more than 5,000 households, strengthening energy independence and supporting national decarbonization goals.

These systems represent a significant milestone in the integration of solar generation and storage, bringing Portugal closer to the energy model that will define the next decade: a smart combination of renewable generation with storage capacity to ensure greater efficiency, flexibility and security of supply.

Project execution will be led by Omexom Portugal—responsible for design, supply and Balance of Plant (BoP) construction—and Saft, which will manufacture and supply the core technology: 21 Intensium® Shift+ containers, grid-forming power conversion systems, and advanced power management solutionsBoth projects have partial support from the Recovery and Resilience Plan (PRR), funded by the European Union, underscoring their public and institutional relevance. These will be Hyperion’s first hybrid (solar + storage) projects and among the first of their kind to move into implementation in the Iberian Peninsula, positioning both the company and the country at the forefront of energy innovation.

Beyond their energy impact, the projects also bring notable economic and social benefits to their host regions. During construction and operation, they are expected to create 25–30 direct and indirect jobs, contributing to local economic development and helping retain technological skills in Portugal’s interior. The focus on advanced technologies—including potential integration of grid-forming converters and state-of-the-art energy management solutions—also supports the modernization of the energy-related industrial ecosystem.

Aytea Alvarez Amandi, CEO of Hyperion Renewables, states: “These projects mark a strategic milestone in Hyperion’s entry into the battery storage market, consolidating our ability to integrate new technologies and deliver highly complex initiatives. Combining storage with solar generation strengthens the operational efficiency and resilience of our assets while creating sustainable value for the energy system and the communities we serve. We are excited to see these projects move into the implementation phase and to continue reinforcing our commitment to a more sustainable, reliable, and innovative energy future”

Carlos Gonzalez, Saft’s ESS Sales Director for Europe, highlights: “We are pleased to deliver our first two large-scale BESS projects in Portugal as part of this strong technological partnership. Together, we will implement an advanced solution for the safe and effective integration of photovoltaic solar energy into the grid, contributing to voltage and frequency stability—challenges that are increasingly significant  in systems with high renewable penetration.”

Gonçalo Sampaio, Managing Director of Omexom Portugal, adds:“These projects mark a relevant step in reinforcing Portugal’s renewable infrastructure. At Omexom Portugal, we are responsible for the Balance of Plant, ensuring a coordinated, accurate and technically robust execution. By working closely with Hyperion and Saft, we support the successful integration of the storage systems within the overall project design and its safe operation over time.”

Portugal’s energy transition has been driven primarily by the expansion of solar and wind capacity—resources that are naturally intermittent. With growing renewable penetration, the power system faces increased variability and management challenges. Battery storage emerges as the key technology to better control injection profiles, shift solar surpluses to other hours of the day and support ancillary services that help stabilize voltage and frequency.

These capabilities are essential to secure a modern, resilient system aligned with decarbonization goals. Over the medium and long term, the strategic interplay between renewable generation and storage will also be critical to strengthening the country’s competitiveness by enabling the supply of clean, stable and competitively priced energy—a decisive factor for attracting energy-intensive industries.

About Hyperion Renewables – hyperionrenewables.com

Hyperion Renewables is a company dedicated to the development, financing and operation of renewable energy projects. With nearly two decades of experience and over 770 MW of projects developed of different technologies, the company has consolidated its position as a leading driver of the region’s energy transition. Since 2023, Hyperion has been accelerating its transformation into an independent power producer (IPP) focused on Portugal, Spain and Romania, and currently has over 266 MW of owned projects under construction and more than 100 MW already connected to the grid. The company is led by CEO Aytea Alvarez Amandi and Executive Chairman Pedro Rezende, supported by a team of 60 professionals.

Sobre a Omexom Portugal – omexom.pt

Omexom Portugal, part of the VINCI Energies group, operates in engineering, construction and maintenance of energy infrastructure, with a focus on the energy transition and grid modernization. The company works across Distribution & Substations, Solar Energy and Transmission, delivering projects nationwide. It has participated in multiple large-scale initiatives, including the Morgavel solar park (44 MWp, Sines). With strong local presence and recognized technical capability, Omexom Portugal contributes to safe, efficient solutions aligned with national and European climate objectives.

About a Saft – saft.com

Saft is a company specialized in advanced-technology batteries for industry: from design and development to production, tailoring and service provision. For more than 100 years, Saft has provided batteries and systems with ever-increasing lifespans for critical applications such as security uses, back-up powers solutions and propulsion. Our innovative, safe, and reliable technology offers outstanding performance on land, at sea, and in the air as well as in space.
Saft powers industrial and manufacturing sectors as well as connected smart cities, while providing back-up power sources in remote and inhospitable environments, such as the Arctic Circle and the Sahara Desert. Saft is wholly owned by TotalEnergies, a multi-energy company that produces and sells energy in all its forms throughout the world, including oil and biofuels, natural gas and green gas, renewable energies and electricity.

We energize the world.

For more information, please contact:

Hyperion Renewables
Diogo Trindade | comunicacao@hyperionrenewables.com | +351 918 476 393Beatriz Serrano Rodrigues | bsr@ampassociates.pt | +351 964 124 051
Catarina Travassos | ct@ampassociates.pt | +351 919 155 913

Saft 
Belén d’Alexis,
External Communications Manager
Tel. : +33 1 58 63 16 60,
e-mail : belen.dalexis@saft.com

Omexom
Cláudio Almeida
Marketing & Comms Manager – Energy Transition Brands
Tel. : M +351 912 267 564 . T +351 219 737 000
e-mail: claudio.almeida@vinci-energies.com

The project will be implemented by Hyperion Renewables, headquartered in Lisbon, Portugal. With extensive international experience in developing renewable energy infrastructure, the company has already started construction of the solar park in Romania.“Securing financing for our first renewable energy project in Romania marks a very important milestone for Hyperion. Structured under a long-term Contract for Difference (CfD) agreement, this transaction represents a major step toward our plan for Romania and reinforces our confidence in pursuing a sustainable, long-term strategy for the country.” — Duarte Coelho Mourão, Director, Hyperion Renewables

“Financing a renewable energy projects of this mid-sized scale is a great example of the kind of impactful initiatives we aim to support through our green financing approach”

— Martin Godemann, Member of the Management Board of ProCredit Bank Germany 

ProCredit group is committed to responsible banking and sustainable development. This project emphasizes our commitment. We specifically promote projects with a focus on renewable energies and energy efficiency.

“We are proud to support investments that play a direct role in advancing the transition to a sustainable economy. This photovoltaic project is a strong example of how partnerships between financial institutions and developers with a vision can accelerate the growth of green energy production in Romania. Financing renewable energy projects is a key pillar of our lending strategy and reflects our long-term commitment to sustainable development.”

— Ștefan Manole, General Manager of ProCredit Bank Romania.

LinkedIn/Meta:

Green electricity for 10,000 households: Together with ProCredit Bank Romania and in cooperation with Hyperion Energy Investments, we co-finance a 38 MWp photovoltaic park in the Sibiu district.

What does that mean in concrete terms?

With 38 MW, the solar park generates enough clean electricity each year to supply around 10,000 households in the region – and will save an estimated 17,000 tonnes of CO₂ per year!

Find out more about how we support renewable energy project financing: Renewable energies – ProCredit Bank Germany

#ProImpact #ProBusiness #Sustainability #GreenFinance #RenewableEnergy #ProCreditBank #EnergyTransition #SolarEnergy #Romania

CER-UÉ will provide technical and scientific support for the study of alternative land-use options—in agrivoltaic systems—that will result in the establishment of baseline conditions and the design of a pilot agrivoltaic project at the Divor Photovoltaic Plant, located in Évora, a project owned by Hyperion Renewables.

The Divor Photovoltaic Power Plant, which has a signed agreement to feed 200 MVA into the grid by 2029, is currently in the licensing phase, having already undergone an assessment by the Portuguese Environment Authority, which issued a favorable Environmental Impact Statement.

The Divor Photovoltaic Power Plant is expected to produce 554 GW of green electricity annually—equivalent to the consumption of approximately 273,122 households—and will prevent the emission of 118,604 metric tons of CO2 per year.

As the Divor Photovoltaic Plant is a key project in the country’s energy transition, there is a desire within the sector—shared by Hyperion Renewables—to explore methodologies that minimize or optimize the impact on land use. Thus, in collaboration with the University of Évora, the goal is to find a solution that makes it possible to reconcile agriculture with the photovoltaic park.

Throughout the project, the current conditions and scenario at the project site will be analyzed to select agricultural crops with added economic value or to choose livestock farming techniques, including an analysis and assessment of the impacts of different shading regimes on production.

This study will explore conditions with economic potential that contribute to increasing the economic viability of both the photovoltaic plant and the agrivoltaic system—these findings will be useful and replicable at other photovoltaic plants in the municipality or even in other locations across the country, with the necessary adaptations.

Procedures will be employed to ensure the technical compatibility of agricultural production and conservation strategies with the solar installation, designing robust, low-maintenance systems while monitoring key indicators—both agricultural and energy-related.

“Agrivoltaic applications can make a significant contribution to the decarbonization of our economy, with benefits for both farming and solar energy production—a winning combination,” says Luís Fialho, Technical Coordinator of the project and Principal Investigator at the Chair of Renewable Energy at the University of Évora.

“This collaboration marks another important step in Hyperion’s mission to continuously promote sustainable innovation. We believe that the development of new agrivoltaic solutions depends on partnerships like this one, where we can combine experience in solar projects with academic excellence. This innovation is especially important when applied to key national projects, such as the Divor Photovoltaic Power Plant Project,” says Duarte Mourão, Director of Hyperion Renewables.

About CER-UÉvora

Established in 2010, the Renewable Energy Chair at the University of Évora (CER-UÉ) is dedicated to developing technological solutions and solar energy applications for the decarbonization of various sectors of the economy, with the aim of maximizing solar energy’s contribution to the Energy Transition.

CER-UÉ conducts research into the key factors that define the role of solar energy technologies as a solution for the energy transition: photovoltaic power generation or concentrated solar power; thermal or electrical energy storage; solar energy for powering industry and agriculture; and strategies for integrating solar resources and energy systems.

CER-UÉ also leads INIESC—the National Research Infrastructure for Concentrated Solar Power—which, in partnership with LNEG I.P., aims to advance the use and development of concentrated solar power and energy storage technologies to maximize solar energy’s contribution to the Energy Transition.

About Hyperion Renewables

Hyperion is a renewable energy development and investment company founded in 2006 and headquartered in Lisbon, with a track record of excellence in the Iberian Peninsula and operations in several other regions, including a growing presence in Romania, among other markets. With an innovative mindset and a focus on growth, Hyperion is known for its experience, credibility, know-how, quality standards, and continuous excellence in delivering the best projects.

Hyperion firmly believes that the decarbonization of the economy is essential and must be a priority. In this regard, it also believes that solar energy will continue to play a central role as a large-scale renewable source, whether on its own or complemented by other technologies such as wind power, energy storage, and green hydrogen, accelerating the transition toward a cleaner energy future.

Hyperion has a track record of developing more than 50 large-scale solar projects totaling over 640 MW.

Hyperion’s presence in the municipality of Évora began in 2018 with the Vale de Moura Photovoltaic Plant, which has been in operation since 2018 with ~28 MWp installed. As the first photovoltaic plant built without public funding, and with a long-term power purchase agreement with Axpo, it proved to be a major milestone in the history of Hyperion Renewables and the beginning of a fruitful collaboration in the development of clean energy projects in the municipality of Évora.

Hyperion was founded in 2006 and has, since then, registered a development track record of more than 50 large scale solar projects totaling over 640 MW that have reached Ready-to- Build (RtB) stage, with over 370 MW connected to the grid, of which 270 MW in Portugal. This represents close to 20% of all utility-scale solar capacity installed in Portugal by year-end 2022. Mirova’s investment, through Mirova Energy Transition 5 (MET5)¹, will support Hyperion’s strategic decision to continue its organic growth and transition from being a developer to an Independent Power Producer (IPP) of reference based in Iberia.

The capital injection² will drive the initial deployment of 3.4 GW of Hyperion’s current pipeline, consisting of photovoltaic (PV), wind, storage, and green hydrogen projects, mainly in Portugal, for a holistic and diversified strategy to speed energy transition.

Hyperion is one of the leading renewables services providers in Portugal with more than 600 MW of assets under management which have led the company to establish a strong organizational backbone to embrace the sector evolution anticipated for the next years, while maintaining a strong ESG focus. The company is well-positioned to capture the accelerated growth generated from the increasing renewable energy targets and the addition of new technologies (including storage and green hydrogen) and services, thanks to its highly experienced senior team with multi-GW development expertise.

Hyperion and Mirova have been collaborating since 2018, when Mirova acquired a 90% stake of PV Vale de Moura, a 28 MW solar project located in Évora, Portugal, developed by Hyperion that retained 10% equity. This pioneer project, in operation since 2019, represented an important milestone for Hyperion, as it was the first Iberian project with a long-term 10-year pool PPA (Power Purchase Agreement), signed with AXPO, and a project finance with Banco BPI. The stake of Hyperion in PV Vale de Moura and the asset management services allowed Hyperion and Mirova to maintain a close relationship that consolidated the trust and alignment between both parties, which will be reinforced by this new collaboration.

Aytea Amandi, Hyperion’s CEO and Pedro Rezende, Hyperion’s Founder and Executive Chairman, commented: “We are thrilled to announce a successful capital raise, that represents a significant milestone in Hyperion’s journey towards a sustainable future. Mirova is the right partner for the acceleration of this transition, since we have common core values and principles, as seen in the past years of our collaboration, as well as common development objectives for Hyperion. We will now be in a position to accelerate our efforts, driving innovation and expanding our impact, transforming our business, and contributing to the global transition to a greener and more sustainable tomorrow”.

“This alliance amplifies our collective strength and expertise, forged through previous investments and shared commitment to pioneering sustainable energy solutions. Hyperion’s agility in navigating the complexities of the industry perfectly complements Mirova resources and investment strategy. Together, we intend to accelerate the construction of new renewable assets, driving impactful change and shaping a resilient, greener future.” said Hélène Dimitracopoulos, Investment Director overlooking Iberia at Mirova.

“Thrilled to embark on a new chapter of collaboration, we celebrate the partnership with Hyperion, whose proven track record and ambitious vision in renewable energy align seamlessly with the strategy of Mirova. Having successfully partnered in the past, we are honored by the decision of Aytea and Pedro’s to open their capital to MET5.” added Raphael Lance, Head of Mirova Energy Transition funds.

The partnership with Hyperion is a landmark transaction for MET5, being the 18th and bringing the total commitments of the €1.6bn fund to more than 95%, considering the other transactions under exclusive discussions. Mirova is now working on its next vintage, aiming to raise up to €2 bn.

Raphaël Lance, Head of Energy Transition Fund at Mirova, and Hélène imitracopoulos, Investment Director at Mirova, are joining the Board of Directors alongside existing shareholders Aytea Amandi, CEO of Hyperion, and Pedro Rezende, Chairman.

Hyperion Renewables was supported by Linklaters as the legal adviser and Evercore as the financial adviser. Other advisers of Hyperion included EY for financial and tax Due Diligence (DD), DNV for technical DD, and Aurora for market DD.

Mirova was supported by Cuatrecasas as legal and tax advisers, and G-Advisory as technical advisers.

About Hyperion
Hyperion was founded in 2006 and since then, despite several periods of macroeconomic crisis, has registered an outstanding development track record of more than 50 large scale solar projects totaling over 640 MW that have reached RtB stage, with more than 370 MW connected to the grid, of which 270 MW in Portugal representing almost 20% of all utility-scale solar capacity installed in Portugal by year- end 2022. The company is managed by and Aytea Alvarez Amandi (CEO) and Pedro Rezende (Executive Chairman), with a very solid and experienced team of more than 40 members. This capital raise is an important step of Hyperion’s strategic decision to continue its organic growth and transition from being a developer to an Independent Power Producer (IPP) of reference based in Iberia.

About Mirova
Mirova is a management company dedicated to sustainable investments and an affiliate of Natixis Investment Managers. Through conviction management, Mirova’s goal is to combine long-term value creation and sustainable development. Pioneers in many areas of sustainable finance, Mirova’s talents aim to continue innovating in order to offer their clients solutions with high environmental and social impact. Mirova has been active in the energy transition infrastructure sector for 20 years and has financed more than 1000 projects for a total of over 7.3 GW of potential generation capacity across Europe and Asia. Reaffirming its position as a major European player in renewable energy, storage and 3 / 3 C1 – P ublic NatixisC1 – P ublic NatixisC1 – P ublic Natixis low-carbon mobility, the company has recently completed the raising of €1.6 billion for its fifth energy transition infrastructure equity fund.

Mirova and its affiliates manage €28.4 billion and €3.4 billion for energy transition infrastructure investments as of September 30, 2023. Mirova is mission-driven company, labeled B Corp*.
*The reference to a ranking or a label does not prejudge the future performance of the funds or its managers

About Natixis Investment Managers
Natixis Investment Managers’ multi-affiliate approach connects clients to the independent thinking and focused expertise of nearly 20 active managers. Ranked among the world’s largest asset managers1 with more than $1 trillion assets under management2 (€1 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Headquartered in Paris and Boston, Natixis Investment Managers is part of the Global Financial Services division of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks. Not all offerings are available in all jurisdictions.

Natixis Investment Managers’ distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various U.S. registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.

¹Cerulli Quantitative Update: Global Markets 2022 ranked Natixis Investment Managers as the 18th largest asset manager in the world based on assets under management as of December 31, 2021.
¹Assets under management (“AUM”) of current affiliated entities measured as of December 31, 2022 are $1,151.3 billion (€1,078.8 billion). AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers.