ISOTROL, S.A.

Isotrol is a provider of energy services integrating advanced software solutions aimed at optimizing renewable energy management, including real-time monitoring and data management for diverse energy assets. Founded in 1984 in Spain, Isotrol specializes in software solutions for the renewable energy sector. The company underwent a significant change in ownership when Tikehau Capital, along with management, fully acquired Isotrol on December 22, 2022. CEO Manuel L currently leads the company, which has engaged in one notable deal to date.

Isotrol specializes in providing advanced software solutions for the renewable energy sector, with its flagship offering, Bluence, serving as an all-in-one platform that encompasses the entire renewable energy value chain. Released to address the growing need for effective management of renewable assets, Bluence integrates tools for real-time supervision, compliance with grid codes, and centralized data management. The platform is designed to optimize performance, enhance efficiency, and reduce operational costs for clients managing renewable energy facilities, including those involved in wind, solar, and energy storage markets. Isotrol's customer base consists of major players in the renewable energy industry across various geographical markets, including Europe, North America, and parts of Asia, where they serve energy producers and operators seeking to maximize their asset management capabilities through innovative technology.

Isotrol generates revenue through a subscription-based model for its software solutions, primarily targeting B2B transactions with renewable energy companies. In the most recent year, 2023, the company's revenue was USD 27. 78 mn, with an EBITDA of USD 1. 04 mn.

Clients typically enter into annual contracts to access Bluence and other proprietary tools, which provide continuous support, updates, and performance analytics. The transaction structure is designed to foster long-term partnerships, as clients rely on ongoing software services to manage their energy assets effectively. Isotrol plans to support and accelerate its organic and inorganic growth following its acquisition by Tikehau Capital in December 2022. The company aims to launch new products designed to enhance its software offerings, targeting the renewable energy market.

Isotrol is also looking to expand its geographical reach into new regions, focusing on emerging markets in Asia and North America by 2025. Recent funding will be utilized to support these initiatives.