Derwick Associates to Seek Investment Opportunities in Spain

A contingent from Derwick Asscoiates recently traveled to Spain to discuss investment opportunities with the Spanish electricity sector. Traveling within the contingent were several of the directors of the company, including Leopoldo Alejandro Betancourt López, Pedro Trebbau López, Edgard Romero Lazo and Francisco Convit Guruceaga. The Venezuelan company directors met with Eduardo Montes, the president of the Spanish Association of the Electrical Industry.

Derwick is seeking opportunities abroad after experiencing a great deal of success in Venezuela. Electricity is one of the most productive sectors in Spain, accounting for 1.2% of the Gross National Product. This seems to make Spain a logical destination for one of the most successful energy companies in all of Venezuela.
Derwick Associates’ experience in Venezuela comes in the form of supplying equipment to and establishing power plants. They are capable of providing a number of other services, including installation, procurement, engineering, construction, commissioning and operation maintenance. The company was able to thrive despite Venezuela’s rationing plan, and was in fact able to provide additional energy sources in a time of need.
“We are always looking to expand and diversify our opportunities, both at home and abroad,” said Leopoldo Alejandro Betancourt López, one of the directors of the company. “We feel that there is an opportunity for us in Spain, and it is in our best interest to explore that opportunity.”
The company has had an office in Spain since 2010, and has conducted research on the Spanish economy and its energy production. Clearly, Derwick Associates must see an opportunity that is intriguing enough that they are exploring it this thoroughly. “Yes, of course we think it is viable for us to expand to Spain,” began Edgard Romero Lazo, another director of Derwick Associates. “We feel there is a great opportunity for us here, but we would be remiss if we did not conduct our due diligence.”
The intrigue from the Spanish Association of the Electrical Industry stems from Derwick’s unique experience in providing energy rapidly in a company largely deprived of it. Derwick is uniquely qualified in this way to provide a number of energy solutions.

Source: digitaljournal.com