Ecoener, S.A.: Business Overview, Financials & Competitive Analysis

Ecoener, S.A. Overview

Ecoener is a Spanish renewable energy company that generates electricity through subsidiaries across Spain, Honduras, Guatemala, Dominican Republic, Colombia, and international markets. The company operates through five segments: Hydropower, Wind Farms, Solar Photovoltaic Plants, Energy Commercialisation, and Other.

Strategic Profile

Ecoener has generation capacity of 427 MW in operation, 360 MW in construction, and 1,376 MW in development, positioning it as a diversified independent power producer (IPP). The company is more mature with a reliable track record after two years of being publicly traded and has considerably increased its MW in operations. Recent focus has been on solar pipeline expansion, particularly in the Dominican Republic where projects have signed 15-year PPAs with margins of 91%.

Competitive Landscape

Ecoener is a small-cap renewable energy IPP trading on BME Growth with hydro, wind, and solar PV assets. The company competes against larger European renewable developers and global IPPs, differentiated by its balanced multi-technology portfolio, strong Latin American presence, and secured high-margin contracts in emerging markets.

Industry Context

Ecoener, S.A. operates in Renewable Energy / Independent Power Producers (IPP).

Key facts

Founded: 1988 · Headquarters: La Coruña, Spain · Revenue: Estimated EUR 40-50M (based on 28% YoY growth in 2024)