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Power Electronics
Founded in 1987 by Amadeo Salvo Lillo, Power Electronics operates as the industrial investment vehicle of the Salvo family out of Llíria, Spain.
Power Electronics
Founded in 1987 by Amadeo Salvo Lillo, Power Electronics operates as the industrial investment vehicle of the Salvo family out of Llíria, Spain. The group's capital deployment is inseparable from its manufacturing operations, which produce inverters, battery storage, and electric mobility components for infrastructure projects globally. Its Phoenix, Arizona hub anchors a growing presence in the US market. The company functions across four operational divisions — solar energy, energy storage, electric mobility, and industrial drives — intersecting asset-level deployment with original equipment manufacturing. Confirmed installations include heavy-duty fleet charging infrastructure at Greenlane's Colton Center in California and 11 GW AC of installed energy storage capacity across the UK market. Geographic coverage extends from its Iberian base into North America, Europe, Africa, and Asia-Pacific. The Salvo family controls the group through a network of holding entities, with Abelardo Salvo serving as a director while David Salvo leads operations as CEO and engages in industry governance through SEIA's board and the presidency of the UPV Social Council. May 2026: Power Electronics deployed a 99%-uptime fleet EV charging system at Greenlane's Colton Center, coupling operational manufacturing data with infrastructure performance guarantees. Power Electronics integrates asset-level capital deployment into a manufacturing balance sheet, a configuration that eliminates the usual separation between industrial operator and financial sponsor. This convergence means project underwriting is informed by real-time manufacturing cost data rather than third-party feasibility models — an architecture that functions as a structural moat against pure-play financial investors in renewable infrastructure.
General information
Firm type
Corporate Investor
Year founded
1987
AUM
Undisclosed
Location
Region
Oceania
Country
Spain
City
Llíria
Corporate office
Llíria, Valencia, Spain
Additional offices
Phoenix, Arizona, United States
Principals
Amadeo Salvo Lillo
Chairman of the Board
David Salvo Lillo
CEO
Abelardo Salvo Lillo
Director
Sector focus
Frequently asked questions
Who controls investment decisions at Power Electronics?
The Salvo family exercises full control through its holding structure, with Abelardo Salvo representing family interests as a director and David Salvo running day-to-day operations as CEO. Investment decisions appear consolidated within the family's internal governance framework rather than an independent investment committee.
How does Power Electronics source its deployment opportunities?
The firm originates projects through its commercial manufacturing channels — its inverter and storage customers often become co-investment partners in renewable infrastructure installations. The Phoenix manufacturing hub also serves as a direct origination node for US-based utility-scale and fleet electrification deals.
Is Power Electronics structured as a family office or an operating company?
It operates as a corporate investor where the manufacturing business and investment deployment are legally and operationally fused. This is distinct from a typical single-family office that holds portfolio investments separate from an operating company.
Does Power Electronics participate in external fund commitments?
There is no public evidence of fund commitments to external managers. The firm's deployment flows through its own manufacturing of physical assets — inverters, storage systems, and charging hardware — directly into project-level infrastructure.
How are the philanthropic and training assets structured relative to the industrial business?
The Power Electronics Training Center operates as a corporate university focused on technical education tied to the firm's product lines, including MPOWER and MBATT programs. It is integrated with the manufacturing operations rather than separated as an independent charitable foundation.
What is Power Electronics's posture on co-investing alongside external operators?
The firm acts as a co-investor by manufacturing and guaranteeing the performance of its own equipment within infrastructure projects. At the Greenlane Colton Center, for example, it provided the charging hardware with an operational uptime guarantee, functioning as both an original equipment manufacturer and a de facto infrastructure investor.
Which sectors does Power Electronics explicitly avoid?
The firm stays narrowly within the renewable energy value chain — it does not allocate to consumer internet, enterprise software, healthcare, or financial services. Its boundaries extend only to solar, storage, electric mobility, and industrial automation.
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