IKaV GmbH acquired 49% of stake in Various Photovoltaic Parks of Audax Renovables in Spain from Audax Renovables, S.A. (BME:ADX) for €8.8 million on June 14, 2022. J&A Garrigues, S.L.P. acted as legal advisor and Borja del Palacio, Nieves Rodriguez, Alexander Alting and Arnaud Cereze of ING Bank N.V., Spain Branch acted as financial advisor to Audax.

IKaV GmbH completed the acquisition of 49% of stake in Various Photovoltaic Parks of Audax Renovables in Spain from Audax Renovables, S.A. (BME:ADX) on June 14, 2022.