INVERAVANTE operates in the renewable energy sector through AVANTEGENERA. The objective is to develop, fund, build and operate electrical energy projects powered by renewable sources. The division is also committed playing an active role in managing a range of projects and companies, boosting the skills and know-how of their management teams. In this sense, it favours alliances with local partners with experience in the sector, identifying, promoting and integrating energy projects with a high potential for profitability.

AVANTEGENERA is characterised by its balanced distribution both in geographical terms (operating in northern, central and southern American as well as Europe) and the technologies it employs (wind, hydraulic and solar power). Its principal projects are listed below:


A joint stake with Gestamp Wind in 5 wind farms (130 MW) in Galicia and Catalonia and two 100 MW solar power plants in Andalusia and Extremadura with Grupo Ibereólica and Infrared Capital Partners.


A 62 MW wind farm run as a partnership with a local developer and operator Capstone Infrastructure.


In alliance with Panama-based group Eleta, the division owns the 52 MW Montelirio hydraulic power station, which is currently operational. It is also building the Pando power station, with an installed power capacity of 32 MW.


In this country work is currently underway on the construction of the Matafongo wine farm, the first to be developed in the country following the introduction of the Dominican Republic’s first renewable energy law.


The division owns a 20.6 MW hydroelectricity power station in Mato Grosso and a wind farm in the state of Ceará.