Bankinter Investment completes the integration of Plenium Partners

Bankinter Investment closes the absorption of Plenium Partners, strengthens its capital, and consolidates its commitment to renewables and infrastructure.

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Bankinter Investment has brought to an end the integration of Plenium Partners, an absorption process that was made public last March and which has been formalized this Friday in the Official Gazette of the Commercial Registry (Borme).

The absorption merger entails the block transfer and on a universal basis of all the assets of the absorbed company to the absorbing entity, which then assumes by universal succession all the rights and obligations that belonged to the first.

Both firms maintained a relationship as partners since 2017. The structure of the transaction has been designed so that the parent company of Plenium will hold 27.5% of the share capital of Bankinter Investment.

Plenium had accumulated experience close to 20 years and focused on renewable energy projects, energy transition, and social infrastructures. Between the two management firms, they amounted to committed capital from investors of more than 5,300 million euros and an investment executed in assets that exceeded 7,800 million.