Fotowatio Renewable Ventures (FRV)
Company description
Fotowatio Renewable Ventures (FRV), was founded by Rafael Benjumea, José Benjumea, and Borja Guinea in 2006. Throughout these nine years, FRV has been able to count on the support of important and prestigious shareholders such as Qualitas, General Electric Financial Services (GE EFS), Grupo Corporativo Landon, and Denham Capital to underpin its progress and growth in the industry.
In April 2015, FRV was wholly acquired by Abdul Latif Jameel Energy and Environmental Services. A key objective of this acquisition was to consolidate the business plan together with the founding team, and open access to the burgeoning market in the Middle East, North Africa, and Turkey (or MENAT) region – with the 70 years of proven expertise of Abdul Latif Jameel – and also provide the ongoing financial strength to position FRV as the global leader in the solar energy market.
Company details
Participation in projects
Projects as Project Owner per Country ()
Projects as Project Owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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November 08, 2022
FRV buys majority ownership in 600 MW Greek energy storage projects
Fotowatio Renewable Ventures (FRV) has acquired a majority stake in a 600 MW battery electricity storage systems (BESS) portfolio in Greece from Wootis SA. The project is divided into multiple sites a...
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November 02, 2022
FRV completes acquisition of 100 MW battery energy storage projects in Midlands from REPD
Fotowatio Renewable Ventures (FRV), a part of Abdul Latif Jameel Energy, has completed the acquisition of two battery energy storage facilities with a combined capacity of 100 MW located in...
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September 26, 2022
Financial close achieved for 123 MW Solar Complex in Spain
Fotowatio Renewable Ventures (FRV) has reached a financial close on the 123 MWdc Carmonita Norte solar photovoltaic (PV) cluster in Extremadura, Spain.
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September 13, 2022
FRV starts commercial operation of 115 MW Metz solar project in NSW
Fotowatio Renewable Ventures (FRV) has started the commercial operation of the 115 MW Metz solar photovoltaic (PV) project located in the Northern Tablelands region of New South Wales, Australia....
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July 21, 2022
FRV, Harmony start construction works on 99 MW energy storage project in Essex
Harmony Energy Storage (HESL) and Fotowatio Renewable Ventures (FRV) have started the construction of a 99 MW/198 MWh battery storage facility in Essex, England, UK. The Clay Tye battery system will...
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July 15, 2022
FRV secures refinancing deal for 100 MW Lilyvale solar project in Queensland
Fotowatio Renewable Ventures (FRV) has completed the refinancing package for the 100 MWac Lilyvale solar photovoltaic project located near Emerald in Queensland, Australia. The project has...
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April 28, 2022
FRV starts permitting process for 432 MW solar project in Atacama Region
Fotowatio Renewable Ventures, a leader in the development of sustainable energy solutions and part of Abdul Latif Jameel Energy, has begun processing the environmental impact study for the Llanos de M...
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April 05, 2022
FRV starts commissioning phase of 115 MW solar project in NSW
Fotowatio Renewable Ventures (FRV) has started sending power to the grid from its 115 MW Metz solar project located in the New England region of New South Wales. The project is currently ...
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March 25, 2022
FRV fully commissions 90 MWac Sebastopol Solar Farm in Riverina
FRV Australia has announced that its 90 MWac Sebastopol Solar Farm, located outside Wagga Wagga, New South Wales (NSW), had met all of the requirements for commercial operation. The 248-hectare facil...
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February 11, 2022
FRV starts operation of 138 MW San Servan 220 solar PV project in Extremadura
Fotowatio Renewable Ventures (FRV) has started the operation of its 138 MW solar photovoltaic project in the Extremadura region of Spain. The San Servan 220 solar PV farm consists of...
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