JZI and Elliott Advisors have jointly committed €100 million in equity to acquire Eliantus, a strategic build-up in the Spanish solar power plant industry with an outstanding management team. In the past two years, Eliantus’ team has been able to negotiate a robust pipeline of solar power plants at attractive prices. Approximately half of Spain’s installed solar capacity is comprised of fragmented, small mega wattage plants mainly owned by single owners, presenting a unique opportunity for market consolidation.