![](\"https:\/\/www.audaxrenovables.es\/uploads\/2019\/06\/04\/c3c21b8c258bd88cbaab7449f1afe789.jpg\")
<\/p>\n<\/p>\n
The resulting company will boost its growth and profitability thanks to the synergies of the vertical integration of renewable energy marketing and generation activities.
\nAudax Energ\u00eda is an international company that is currently present in 6 countries (Spain, Portugal, Italy, Germany, Poland and Holland) where it carries out electricity and gas marketing activities. With a great business history, Audax Energ\u00eda is looking forward to this new stage of growth that involves the merger with the listed Audax Renovables, with the aim of marketing and generating renewable energy in all the countries where it is present and continuing to grow internationally.<\/p>\n
For its part, Audax Renovables is a listed company, present in Spain, France, Poland and Panama, which closed 2017 with a profit of 7.4 million euros. This result confirms that with the takeover of Audax Energ\u00eda in August 2016, Audax Renovables began an integration process that has been very positively consolidated and has led to a clear change in trend in its results.
\nThe merger of both companies will mean the birth of a large, much stronger energy group, giving rise to a large business project that combines the generation of electrical energy and the commercialization of electricity and gas. The objective of the merger is to enhance growth, taking advantage of the synergies and complementarity of their activities to continue undertaking new projects and continue growth. This merger will boost the trajectory of the Audax Group, whose aspirations are to consolidate and grow in all business lines both nationally and internationally.
\nJose El\u00edas, CEO of Audax Energ\u00eda, assures that he faces the merger with the hope of leading a large business group that he has seen grow from scratch, starting from a small electricity supplier in 2009. Today it has become a large energy group that has exceeded 1,000 million in turnover, with a presence in 8 countries and more than 350,000 clients.<\/p>\n
Currently Audax Renovables manages a total operating portfolio of 185 MW in Spain, France and Poland, of which 1 MW is photovoltaic and the rest wind. The company is also involved in the construction of a 66MW wind farm in Panama. The intention of the new Audax Group is to bet on diversification in renewable technologies. The Audax Group's objective is to increase installed capacity in other technologies, such as photovoltaic generation. This diversification will allow you to close new PPAs (Power Purchase Agreements), which will allow you
\nIt will provide an advantageous position regarding the prices of the energy pool and will consolidate and strengthen its position in the energy market.<\/p>\n
The solid financial position of the resulting Audax group will facilitate better access to financing to undertake new projects. Last May, Audax Energ\u00eda revalidated its BBB- credit rating with a stable trend.
\nJose El\u00edas will consolidate his position as majority shareholder of the resulting company and his commitment to the Audax Group is, therefore, undoubted. \u201cMy commitment to the company is to assume the responsibility of leading a large business project, with great personal involvement in what for me is a large vital project on which I am firmly focused,\u201d says Jose El\u00edas.<\/p>\n
Along with Jose El\u00edas, the rest of the current management team will be leading the project. The resulting Audax Group will combine the great aptitude of the management teams of both companies, a highly professional management that has allowed both Audax Energ\u00eda and Audax Renovables to achieve great results and will continue to be at the head of the company. . The same management structure will be in charge of continuing to grow. It is undoubtedly a committed and professional team that adds up and works to guarantee that the resulting Audax Group achieves great challenges that allow it to return to the dividend. \u201cMy intention is to maintain my positions in the company, always respecting the conditions established by the regulator, and work to return to the dividend in the shortest possible time, so that shareholders see their participation in a large business group rewarded, with a strong financial and market position and significant prospects for future growth,\u201d comments Jose El\u00edas.<\/p>\n
The merger will entail the integration of the renewable energy generation activities developed by the Absorbing Company (Audax Renovables), and the energy marketing activities developed by the Absorbed Company (Audax Energ\u00eda), a project undoubtedly with a great track record.<\/p>","protected":false},"excerpt":{"rendered":"
Audax Energ\u00eda y Audax Renovables La compa\u00f1\u00eda resultante impulsar\u00e1 su crecimiento y rentabilidad gracias a las sinergias de la integraci\u00f3n vertical de las actividades de comercializaci\u00f3n y generaci\u00f3n de energ\u00edas renovables. Audax Energ\u00eda es una empresa internacional que est\u00e1 actualmente presente en 6 pa\u00edses (Espa\u00f1a, Portugal, Italia, Alemania, Polonia y Holanda) donde desarrolla actividades de […]<\/p>\n","protected":false},"author":1,"featured_media":2656,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria"],"yoast_head":"\n