economy and politics

The Santa Ana developer secures 20 million euros from LDA Capital before its debut on BME Growth

The Santa Ana developer secures 20 million euros from LDA Capital before its debut on BME Growth

September 16 () –

Santa Ana, a Spanish developer focused on Latin America, has obtained a capital commitment of up to 20 million euros from LDA Capital, a global alternative investment group, to strengthen its financial position.

This investment will allow the company of the former CEO of OHLA, José Antonio Fernández Gallar, to reinforce its growth plans and strengthen the development of its medium and long-term projects, in its future status as a listed company, according to a statement.

The financing with LDA Capital will complement the various capital increases that Santa Ana is carrying out, and will reinforce its strategy to list on BME Growth and partner with strategic investors for its expansion in Latin America.

In order to contribute to the economic and social development of the region, under the premise of sustainability, the company is betting on Chile, Panama and Colombia as the first countries where it will develop its projects.

“We are delighted to announce this alliance with LDA Capital, which reinforces the viability of the project and demonstrates the confidence placed in Santa Ana, further strengthening the viability of the company’s expansion plan,” said the president and one of the founding partners of Santa Ana, José Antonio Fernández Gallar.

For the execution of the operation, Santa Ana has relied on Devesa as legal advisor and Orbyn Capital Markets as financial advisor.

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