Everwood Capital

Everwood raises fund vehicles dedicated to utility-scale solar photovoltaic projects in Spain. The firm acquires greenfield development rights, builds the projects, and exits operational plants to infrastructure and financial buyers such as Falck Renewables and Commerz Real. Its largest vehicle, Everwood Renewables V, closed at €500 million in December 2024 with roughly 40% institutional capital, including commitments from the European Investment Fund and two Fond-ICO vehicles.

Yes. In December 2024 Everwood launched its transport and logistics strategy with the first close of Everwood Transport and Logistics I FCR. That fund reached a final close above €102 million by August 2025 and has acquired controlling stakes in Transaez, Maresa, Transportes Cruz, A tu Hora Express, and several express courier and cold-chain operators across Spain.

The European Investment Fund committed €50 million to Everwood Renewables V. Fond-ICO Global committed €27 million to Everwood IV, and Fond-ICO Infraestructuras II committed €30 million to Everwood Renewables V. The logistics fund has not publicly named its limited partners.

Everwood sells operational solar assets to institutional buyers. In March 2021 it sold the Desafío Solar plant to Falck Renewables. In August 2023 it sold a 50 MW operational plant in Jerez to Commerz Real. The firm also sold the development platform DVP Solar to Glentra Capital in July 2024.

They are separate fund series with no cross-collateralization. Renewables operate under the Everwood Solar and Everwood Renewables fund names, while logistics investments sit under Everwood Transport and Logistics I FCR and its investment vehicle Langre Capital SCR. The funds share the same Madrid-based manager and regulatory umbrella but pursue unrelated sector strategies.