Talde Private Equity has sold its stake in P4Q to Kinematics, enhancing Kinematics' offerings in solar tracking solutions and expanding P4Q's market reach.

Information on the Target

P4Q is a leading provider of high-performance electronics focused on developing solutions for solar tracking controllers and industrial automation. The company's competitive advantage lies in its ability to combine cutting-edge technology in electronic product development with advanced mathematical algorithms, supported by a dedicated team committed to innovation. Over the years, P4Q has strengthened its position in the solar energy sector while expanding into other industries with significant growth potential, such as medical devices.

Industry Overview in Spain

Spain has increasingly emerged as a leader in renewable energy, particularly solar power, due to its favorable climate and government incentives. The country has invested heavily in solar energy technologies, which has led to a surge in solar installations. According to recent reports, Spain is among the top producers of solar energy in Europe, significantly contributing to the EU's renewable energy goals.

The solar tracking systems market in Spain has seen substantial growth as companies and municipalities seek to optimize energy generation. Innovative technologies, including