Hudson Clean Energy Partners has announced that it has acquired Helium Energy S.L.U., a renewable energy development company headquartered in Madrid, Spain, through its newly created portfolio company, Element Power.
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Helium was formed in 2006 by the former head of Iberdrola's renewable business, Pedro Barriuso. Hudson's strategy is to develop itself as a global renewable energy independent power producer (IPP) focused on utility-scale wind and solar development. Element will have a global footprint, with a significant operational presence in the USA, Europe and other key markets. Element's operations outside North America will be co-managed by Mr. Barriuso and Mike O'Neill. Helium will be integrated into Hudson portfolio company Element Power.
