Through its promotors, Cavalum controls the whole value chain except for construction works, which it still supervises and monitors.

As soon as the operations entry into service, their activity is ensured by Cavalum, which has the means and human resources to achieve this task.

Operations are run as an energy sales business to the management body of the national netwrok by the comprany created for this purpose, which we call a Special Purpose Vehicle (SPV). Cavalum, as a rule, owns the majority of the share capital in this company.

TheSPV is financed through a model that depends on the structure of the project, in which the sources of financing are divided between Own Capital, Subsidies and Bank finance.

The strategic model adopted by Cavalum has proved to be investment safe due to its successive specialisation in various technical and technological solutions with experience in very diverse economic-financial scenarios.