Effectively allocating development capital to retire project risks

hooracán

ABOUT

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Founded in 2022 to capitalise on rapidly improving fundamentals for energy transition related investments. Our ambition is to create high-quality, scalable platforms by effectively allocating development capital to retire project risks and secure routes to market. Our focus is on origination, not acquisition — we enter before the market arrives and exit once value is created.

hooracán's principals bring extensive global energy and infrastructure sector experience, deep expertise in originating, structuring and developing projects, and a rolodex of industry relationships. We work hands-on to move projects from concept to execution.

Alex Gospodinov, hooracán’s founder, has a background in principal investment and energy project development. He has led transactions and development efforts across renewables — both within institutions and as an entrepreneur. Prior to founding hooracán, Alex held roles at Macquarie and BP, where he focused on energy transition investments and market entry strategies.

Since inception, hooracán has created and exited pre-Ready-to-Build utility-scale projects in Moldova — a 70MW wind farm and a 10MW/40MWh BESS — originated and co-developed as part of the HPI Wind portfolio. A further 135MW of wind projects remains under development by HPI. These transactions reflect our strategy: originate early, retire risk, and create investable platforms for senior capital.

DISTRIBUTED WIND

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hooracán provides wind-powered Energy-as-a-Service (EaaS), helping businesses reduce electricity costs without capital investment. By fully funding, installing, and operating small behind-the-meter wind turbines at commercial and industrial sites, hooracán delivers power at a discount to retail electricity prices. This model removes the financial and operational burden of energy infrastructure, allowing businesses to benefit from immediate savings without upfront investment or maintenance concerns.

Each installation is selected based on energy demand, wind resource availability, and permitting feasibility. The compact design and plug-and-play behind-the-meter integration make deployment seamless. With long-term power agreements, businesses gain reduced energy costs and protection from market volatility.

By providing a cost-effective and scalable off-balance sheet alternative to grid energy, hooracán makes wind power accessible to businesses facing high electricity costs. Its ability to complement rooftop solar ensures a more balanced energy mix, making it an ideal solution to optimise energy expenses and reduce exposure to fluctuating electricity prices.

OFFSHORE WIND

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hooracán has originated and is developing a pre-exclusivity portfolio of offshore wind energy projects across Bulgaria and Romania in the Black Sea. Our four carefully selected sites have a total potential installed capacity of over 3GW, competitive LCOE fundamentals, and, we believe, are capable of successfully achieving final consenting.

hooracán's strategy is to de-risk the sites through stakeholder consultations and surveys, to have the most mature projects on the market once offshore wind legislation is enacted and seabed lease auctions are launched.

We execute on this strategy with a bottom-up approach, managing sensitive permitting, social and environmental issues by leveraging our knowledge of development specific to the marine environment and offshore wind energy. We have the know-how to design, procure and manage relevant surveys, analysis and consultations, and are advancing in our journey to unlock offshore wind potential in the Black Sea.