R $5 bi acquisitions put Omega among larger-spanning

Since it opened the capital in July 2017, the Omega Energy-renewable energy generation company-acquired on the market almost R $5 billion in assets and has become one of the largest renewable generation in the country. There were two wind farm complexes and a solar generation, which increased the installed capacity of the company-whose partner is the resource manager Tarpon-140% to 1,145 in megawatts (MW). Part of this volume-about 500 MW-still will be operational and will have positive reflection on revenue in the coming months. In 2018, the company's net revenue grew 36% over the previous year, to R $742 million. The profit was discharged from 66%, to $502 million, according to balance sheet R disclosed on Thursday, 21. Created in 2008, Omega opened your capital in July 2017, when photographed R $789 million. A year earlier the company had tried to make your IPO (initial public offering shares), but the turbulent scenario, with impeachment of then President Dilma Rousseff, disrupted the plans of the partners. The attempt, however, gave some clues as to what the market wanted, says the analyst of Santander, Thiago Roberto Luis da Silva. "The road shows (performances) made showed that investors didn't want a company that does everything, you're going to the auction, which builds and operates." That's when the Omega was divided into generation and development. The IPO involved only the generator, which today is worth on the market R $2.7 billion-valuation of 247 percent since the IPO. The President and founder of Omega, Antonio Bastos Filho, the IPO was a choice to make the company grow. "We had already mapped the options and then we decided to make abstractions." By separating the group into two areas, he states that managed to enlarge the margin of generation and have one of the best performers in the industry. Omega started to be drawn in 2007, when Bastos Son returned from a season of studies in the United States. The idea was to create a fund to invest in renewable energy, but they decided to mount a generator. Graduated in business administration from Fundação Getúlio Vargas, he already knew the members of Tarpon (José Carlos Reis de Magalhães Neto, Pedro de Andrade Faria and Eduardo Mufarej) of College and managed to convince them of the quality of the project. The company's first venture was a small hydroelectric plant (PCH), of 20 MW, which came into operation in 2010. In the following years came the wind farms and, more recently, the solar complex to Pirapora in Minas Gerais. For the future, Bastos 40-year son, says that the goal is to integrate the assets acquired since the IPO, making the necessary adjustments and ensure the performance of the projects for the company. Appetite continue acquisitions on the radar of the company. "Today there are on the market about to 18000 MW that will change hands in the next few years and, therefore, can be potential business for the Omega," says Bahar Son. To go shopping, but the company may have to make emissions, says Silva, Santander. According to him, with the latest purchases, the Omega has exhausted the volume picked up. But the move could be good news for Omega, a time that would give greater liquidity for the company.