Onyx Solar — Unstaged equity

In early 2011 the Fundación José Manuel Entrecanales (later JME Ventures) and the Grupo FIDES investor group backed Onyx Solar with a convertible participative loan of undisclosed size. Press coverage of the deal existed by early May 2011, and Webcapitalriesgo listed it among FJME/Fides investments in December 2011; the exact day is unknown. ENISA, the public lender, entered the company in November 2011 with long-term financing, and on 21 March 2013 FIDES and ENISA converted their loans into equity early, with ENISA almost doubling its stake. No new round was announced then. Onyx Solar later also received Horizon 2020 grant funding.

Lead unknown RoundUnstaged equity AnnouncedJan 2011 CityÁvila SectorEnergy & Climate · Cleantech / Building-integrated photovoltaics Source

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