“To be a leading company in the renewable energy sector and to develop technically and financially profitable photovoltaic projects always providing a positive social and environmental impact.”

Nara Solar is a European company that develops large-scale photovoltaic solar energy projects.

Nara Solar is born from the synergy between the investment fund Macquarie Capital Green Investment Group and the solar developer Univergy International as a 50:50 Joint Venture agreement with the purpose of operating as a platform for developing solar projects in Europe based in Spain.

Nara Solar started its activity in 2019 with a solid and experienced team in the development of projects and with a pipeline of projects in Spain, France and the Netherlands. The capabilities and competencies of Nara Solar allow it to generate and originate greenfield projects and consolidate them in the different stages of their development.

Nara Solar's mission is to be a leading company in the European renewable energy sector, both in volume and quality, developing photovoltaic projects with maximum technical efficiency and high profitability, thus ensuring returns to its shareholders and society through the positive social and environmental impact of its activities.

Nara Solar is a technologically agnostic company being able to implement the best solution adapted to each particular project. The company is focused on developing entirely “bankable” projects where the financial and technical aspects are the main ingredients, enabling our projects to provide maximised returns adjusted to each market.


Univergy International is a business group of Hispanic-Japanese origin that focuses on the Renewable Energy sector with special interest in the development, construction and operation of photovoltaic solar energy projects, as well as in their multiple domestic, industrial and agricultural enforcement.

The company began its activity in 2012 with the headquarters in Tokyo and Madrid. Since its creation, the company has experienced a very significant growth and has positioned itself as a global developer of sustainable projects establishing offices around the world with a commercial presence almost in every continent.

Currently, the group has business activity in Germany, India, Indonesia, Bangladesh, Vietnam, Philippines, Taiwan, Sri Lanka, Colombia, Mexico, Panama, Argentina, Spain, Korea, Australia, United States, Netherlands, France and Egypt developing a range of projects of more than 2.6 GW in total.

The company is actively participating in the development and implementation of various projects carried out by other companies and only in Japan Univergy has the photovoltaic projects that exceed 1 GW.

For more information, www.univergy.com


Green Investment Group Limited (GIG) is one of the leading global investors that specialises in major investments in green infrastructure, project distribution and asset management, and related services. GIG is dedicated to supporting the growth of the global green economy.

In 2012, the United Kingdom Government launched the United Kingdom Green Investment Bank plc (GIB). It is first institution of its kind in the world. The GIB was acquired by MacquarieGroup Limited (Macquarie) in 2017 and currently operates under the name of Green Investment Group (GIG). GIG brought the GIB business and the renewable team of Macquarie Capital together in order to create one of the largest teams in the world  specialised in ecological investments.

Macquarie is a diversified financial group that offers its clients asset management and finance, banking, consulting, risk and capital solutions between debt, capital and raw materials. Since 1969, the company cooperates with more than 14,400 people in 25 countries.

Macquarie along with its managed funds is also one of the largest investors in green energy in the world since it has invested or disposed of more than $ 20 billion in green energy projects since 2010.

For more information, www.greeninvestmentgroup.com y www.macquarie.com 

© 2019 by Nara Solar Registered

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