Safer Sostenibilidad, a new company based in the capital of Gran Canaria, focused on the manufacturing of chemical products and the production, transportation, and marketing of electricity from renewable sources, has launched operations on the islands, focusing on renewable energy in southern Gran Canaria. This is no ordinary company. Financial sources consulted by Maspalomas24H indicated that this is a first step toward other developments in the environmental sector.
The sole administrator will be Corporación Financiera Azuaga, chaired by Fernando Morales Alba, who also acts as the direct representative in the new company. Morales has become a key player in the diversification of investments in the Canary Islands, where he seeks to position the group in the energy transition and in businesses linked to sustainable transport.
The transaction is even more significant because it coincides with the business career of Pablo Casado, former president of the Popular Party and partner of Morales Alba after his departure. Casado is a member of Datasection Europe SL, Atlantic Basin SL, and Archery Capital SL, all related to technology investment and venture capital, and now shares the board of directors on projects linked to Corporación Financiera Azuaga and the Hyperion Fund.
The creation of Safer Sostenibilidad is part of a broader transaction: a few months ago, Azuaga and Hyperion closed the acquisition of the aeronautical company Gestair for €100 million. The purchase was jointly promoted by Corporación Financiera Azuaga and Hyperion Fund, and involved adding one of the most advanced aircraft maintenance centers in Southern Europe to its portfolio, as well as contracts with the Ministry of Defense.
With this move, Azuaga and its partners seek to consolidate a business ecosystem that combines renewable energy, transportation, and strategic aviation. The Canary Islands, and Las Palmas in particular, thus become the headquarters of a company born with global aspirations but with a strong symbolic value: uniting financial capital and technological know-how. With this transaction, Corporación Financiera Azuaga has continued to strengthen its line of services, such as financial services, as it has already done with Castelo Capital (a credit institution specializing in guarantees and loans), Azuaga Seguros (surety insurance), and Anta AM (investment fund management).
