Grenergy Renovables, S.A. (GREN)

Profile

https://grenergy.eu

Grenergy Renovables, S.A. is a Spanish independent power producer founded in 2007, specializing in the development, construction, and operation of renewable energy projects, primarily photovoltaic solar and energy storage facilities, with some wind initiatives. Operating through divisions including Development and Construction, Energy, Commercialization, and Services, the company designs, builds, and manages installations while producing and selling electricity. It maintains a global presence across 10 countries in Europe (Spain, Italy, United Kingdom, Germany, Poland, Romania), Latin America (Chile, Mexico, Peru, Colombia, Argentina), and the United States. Notable projects include the massive Oasis de Atacama in Chile's Atacama Desert, featuring 2 GW solar and 11 GWh storage; GranTeno, a 241 MWp solar plant in Chile; and Escuderos, a 200 MW facility in Spain. With a development pipeline exceeding 15 GW solar PV and 21 GWh storage, Grenergy Renovables, S.A. drives the green energy transition, boasting a 78 GWh storage portfolio and plans for €3.5 billion in capex through 2027. Headquartered in Madrid as a subsidiary of Daruan Group Holding, S.L., it emphasizes sustainability, evidenced by its recognition among the world's top 15 most sustainable companies in its sector by MSCI in 2024.