Grenergy Renovables SA

XMUN:5GR

Business Description

Sector

Utilities

Industry

Utilities

Headquarters

Spain ES

Employees

640

IPO date

Jul 8, 2015

Grenergy Renovables is a Spanish clean power company that develops, builds, and runs solar power plants and battery storage projects. It works mainly in utility-scale renewable energy, meaning large projects that feed electricity into the grid rather than small rooftop systems. The company also helps design and deliver the project pipeline, from site development and permitting through construction and operation.

Its customers are electric utilities, large energy buyers, and power markets where the company can sell the electricity its plants produce. Grenergy makes money by selling power under long-term contracts and, in some cases, by selling electricity into the market. It can also earn fees and project income from building and transferring assets or from managing them over time.

What makes Grenergy different is that it is not just a solar developer. It combines solar generation with battery storage, which helps shift power to times when electricity is more valuable and makes renewable supply more reliable. That puts the company in a key role between land, equipment suppliers, grid operators, and the end buyers of clean electricity.