ECONOVA closes investment round with the help of ABRA INVEST

Integral service around a transaction
BY : Diego GutiérrezOctober Fri, 2015

The group Econova has closed a financing round with private investors. The funds raised will allow the group to complete the biomass supply project to a German energy group. Econova has been advised by ABRA INVEST for the successful completion of the operation.




Econova, a Catalan group owned by its directors, focuses on renewable energies and the environment, basing its growth on the business application of efficient and innovative environmental and energy solutions.

Through a recently created subsidiary, Econova has signed with E.ON France Power a multi-year contract for the supply of agricultural and forestry biomass for an overall amount of 40 million euros. This contract is part of the French government's policy of promoting renewable energies. The biomass will be certified as available and will be consumed in a thermal power plant located in Provence, France.

ABRA INVEST's team, led by its partner Juan Diego Cuencahas advised Econova in the process until the successful closing of the transaction. ABRA INVEST (, an independent corporate finance and M&A boutique, specialises in advising growth companies. Its services cover both expansion strategy and the search for financing, especially from alternative sources to banks such as venture capital, industrial investors, business angels, family offices, public aid and alliances with third parties.


If you are looking for financing in the field of energy, please contact us. Abra-Invest has a team of experts in alternative financing at your disposal. Call us on +34 94646424142 or fill in the contact form. 


Other posts that may interest you 

Spain leads European energy M&A market in the second quarter of 2015

Venture capital bets on energy: Cerberus, ArgoCapital and Magnum Capital.

H2020 Energy Calendar 2015-2016

The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?