The entire AlgaEnergy team wishes to convey its affection and sincere thanks to all those people who are working, under very harsh conditions, to face the crisis caused by COVID-19.
Our recognition is especially meant for health professionals, who even give their lives to take care of ours, and in addition our gratitude goes to all the people who are part of the agri-food chain, for the effort they are making to guarantee uninterrupted food supply to the population. Together let’s all make their efforts merit the results they deserve.
Take care and protect yourself.
Discover the package of measures that we have put in place to fight against COVID-19
The entry of Yokogawa as a shareholder will enable AlgaEnergy to reinforce its position of international leadership.
AlgaEnergy, a Spanish biotechnology company specializing in the production and commercial applications of microalgae, and Yokogawa Electric Corporation, a leading provider of industrial automation, control, and measurement technology, announce the signing of a partnership & equity participation agreement. The strategic agreement involves an approximately 10 million euro investment by Yokogawa to acquire newly issued shares of AlgaEnergy, making the Japanese company a reference shareholder.
Microalgae are a diverse group of unicellular photosynthetic micro-organisms that can thrive in a wide variety of aquatic habitats, such as oceans, lakes, and rivers. Their rapid rate of reproduction means they can be utilized effectively as a biological resource. They are recognized as having great potential to contribute to a more sustainable society through applications in diverse sectors ranging from agriculture, food, and animal feed through to pharmaceuticals, cosmetics, biomaterials and, in the future, sustainable biofuels.
AlgaEnergy has been a pioneer in the microalgae biotechnology field since 2007. It is currently operating a commercial production facility in the south of Spain. In late 2015, the company launched the world’s first line-up of microalgae-based biostimulant* products to promote efficient crop cultivation.
The entry of Yokogawa as a shareholder will enable AlgaEnergy to reinforce its position of international leadership, with the equity investment being used to fund a set of ambitious projects, including international expansion of its biostimulant product sales organization, entry into new sectors such as food and cosmetics, and development of its promising product pipeline.
However, the scope of the agreement extends beyond just financial investment. The two companies, which share strong synergies and a common vision, seek to build an industry-leading partnership in the microalgae biotechnology sector worldwide by collaborating in the areas of R&D, manufacturing, marketing, and sales. AlgaEnergy will leverage its broad knowledge and experience in the microalgae biological processes, accumulated throughout more than four decades of R&D by its scientific leader, the world-renowned microbiologist Professor Miguel Garcia Guerrero of the University of Seville. Yokogawa will provide the advanced technologies and knowhow related to automation of industrial processes that will be key for maximizing quality and efficiency as production volumes increase.
United by a commitment to sustainability
Augusto Rodríguez-Villa, AlgaEnergy’s president, highlighted that, “This agreement is the best possible partnership in the journey to achieve our mission to leverage the potential of microalgae worldwide. We share the same vision for the future, the belief that more sustainable development is possible and that microalgae can be a key contributor towards that objective.”
Tsuyoshi Abe, senior vice president and head of the Marketing Headquarters at Yokogawa, added, “Yokogawa aims to contribute directly to the UN’s Sustainable Development Goals through its core business activities, and this year we established a new Life Innovation business unit in line with that. This is our first serious foray into clean technology in the bioeconomy, which was recently added as a new focus area in our long-term business framework, so we have high expectations for this exciting strategic partnership.”
The company is continuing with its internationalization plan, “Project Victoria,” by establishing these new businesses and recruiting top leadership talent to support the introduction of AlgaEnergy’s unique product portfolio.20 May, 2020
Augusto Rodriguez-Villa, President of the biotech company, joins the Board of Directors of the Spanish Bioindustry Association (AseBio).19 May, 2020
Under the direction of Douglas Ry Wagner, Ph.D., President of International Agribusiness, AlgaEnergy has recruited a new executive leadership team to drive growth in the United States and Mexico.07 May, 2020
At AlgaEnergy we have always had a long-term vision, and we are convinced that only through innovation will we be able to move forward strengthened and generate a more prosperous country, more sustainable development and a better world.23 April, 2020
The biotechnology company and Madrid’s Institute for Rural Research and Development, Agricultural and Food (IMIDRA) have donated a significant batch of seedlings and biostimulant products to nearly 500 farmers. The event was chaired by Isabel Díaz Ayuso, President of the Community of Madrid.20 April, 2020
The objective is to develop techniques for fractionation and stabilization of substances of commercial interest, obtained from biomass of microalgae and cyanobacteria.13 April, 2020
Organized by AseBio and BIOVEGEN, it brought together the main actors in the sector to discuss the main challenges of the bioeconomy and the products obtained from it.05 March, 2020
Del Campo provides the biotechnology company with valuable knowledge and experience in the microalgae sector.03 March, 2020
María Segura, Deputy General Manager and Technical Director of AlgaEnergy, was invited to participate in the meeting “Women who lead the future”, organized by AseBio.17 February, 2020
The biotechnology company took advantage of this fair of international reference in the fruit, vegetable and fresh produce sector to showcase its innovative range of biostimulants based on microalgae AgriAlgae®.12 February, 2020