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SUSTAINABILITY

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    GREENALIA RENEWS ITS COMMITMENT WITH CORUÑA BASKETBALL CLUB’S INCLUSION PROGRAM FOR THE YOUTH25/03/22The renewable energy producer Greenalia, based in A Coruña, once again pays for training grants aimed at minors at risk of exclusion within the Básquet Coruña quarry. The company and the club have renewed the collaboration agreement signed last season to cover the expenses derived from the practice of sports (registration, equipment and fees) of minors in vulnerable situations. With this initiative, Greenalia wants to continue putting its grain of sand in the support of socio-educational and integration plans for families in vulnerable situations and thus advance in its CSR strategy through which the company supports inclusion and equality projects in those environments in which it operates. From the Basquet Coruña they value and appreciate the effort made by Greenalia so that minors of different ages who are in situations of risk of exclusion can continue to enjoy and develop their favorite sports activity. About the Básquet Coruña Basketball Club Básquet Coruña, founded in 1996, is the leading club across the city and its region, with the largest pool of young players in Galicia. Throughout each season, the club carries out a wide range of initiatives to promote basketball, involving more than 2,000 young people.  ... Read more...
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    GREENALIA JOINS UNICEF’S HUMANITARIAN CAMPAIGN IN UKRAINE21/03/22Greenalia joins the special humanitarian and urgent aid campaign for Ukraine launched by UNICEF. To this end, it has approved a financial donation to support the initiative launched by this NGO in the Ukrainian country, where it has set up a large on-the-ground device to help families and children at an extremely complex time. Furthermore, the company’s volunteer team mobilised the workforce to make contributions in kind and individually to the AGA Ukraine association.  This organization activated different solidarity actions at the border to help refugees. Thanks to the team’s solidarity, 70 kilos of warm material was sent, especially blankets and thermal clothing, and long-lasting enfant food.... Read more...
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    GREENALIA LEAPS FORWARD IN ITS TECHNOLOGICAL DEVELOPMENT WITH THE IMPLEMENTATION OF NEW DIGITAL PLATFORMS FOR BIOMASS AND HR OPERATIONS27/01/22The renewable energy producer has completed the implementation of a new HR Management System, which reduces the administrative burden by 80% In Biomass Supply Operations, success in digitalization progress has also been achieved, via a mobility platform for biomass management. Greenalia advances in its commitment to renewables production, an activity that it also carries out with a firm commitment to both digitalization and sustainability, two areas in which it is constantly making progress to face market challenges. In this context, new biomass control systems have been incorporated, with a new mobility application for field operations, and also Talent and HR Management systems (SAP SuccessFactors). In the first case, the improvement of biomass production control has been carried out with SAP technology where the Seidor has acted as implementation partner leveraging its company specific know-how acquired in different collaboration projects successfully carried out since 2016. Thus, the selected platform works with BTP technology, incorporates data analysis, and allows working offline in those rural areas that do not have coverage, synchronizing the information once the network is recovered. This tool allows the company to record both production and maintenance processes. Its use has made it possible to eliminate paper (about 13,000 job reports per year), minimize possible errors in the data and generate operational optimizations from the beginning of the project. All this has resulted in better results of the Biomass Supply division and in obtaining an award in the 12th edition of the SAP Quality Awards, in the Digital Pioneers section.  Talent management Evolving according to the new sustainability and operations indicators, requires a different HR management model. That is why Greenalia has selected SAP SuccessFactors system as Talent Management platform advancing in the digitalization and transformation its HR processes. A solution that provides an optimal employee experience and facilitates deployment, adoption, and change management. An optimization and organizational development project, developed together with Minsait as technological partner, which has allowed for an 80% reduction in administrative and management burden assumed by professionals, achieving greater efficiencies in Talent Management. To this is added the reduction of paper by becoming telematic many processes, an objective to which Greenalia is strongly committed. The system allows people and teams to gain more control of their data, reduces processing times, optimizes HR processes via automation and productivity increases. In this way, a collaborative and secure solution is implemented that allows the company to manage more effectively and openly the data of its professionals, which will be shared between the different structures of the company to achieve a much more productive and solvent system with the growth needs of the company.... Read more...
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    GREENALIA OBTAINS SURE SUSTAINABILITY CERTIFICATION FOR ITS CURTIS-TEIXEIRO BIOMASS PLANT IN SPAIN30/12/21The company advances in its environmental commitment, strengthening sustainability throughout the value chain and anticipating compliance with new EU Regulations Greenalia, renewable energy IPP, has successfully completed the audit process to obtain the SURE certification, which guarantees the sustainability of the forestry biomass supplied for consumption in the renewable energy facility that the company has in the town of Teixeiro-Curtis (A Coruña). This Plant consumes raw material sourced mainly from operations residue (branches and bark) generated by forestry companies through their operations in the Galician community. With this step, carried out with certifier GFA Certification GmbH and the Galician engineering company Cerna, the company anticipates compliance with new sustainability requirements set by the Renewable Energy Directive (EU) 2018/2001 (REDII), European regulation that establishes various criteria that all biomasses used in the bioenergy sector must meet. All of which are focused on guaranteeing sustainability, correct mass balance, reduction of greenhouse gas emissions and promoting energy efficiency. Galicia is the ninth largest forest potential in Europe. Annually, they cut almost 10 million tons of wood that generate more than 2 million tons of forest waste. In that sense, the new Forest Plan of Galicia aims to increase the volume of annual cuts to 12 million tons in 2040, which will generate almost 4 million tons of residual biomass. The Curtis-Teixeiro biomass plant has an installed capacity of 50 MW, which places it among the largest in Europe. It stands on a plot of 100,000 m2 and can treat half a million tons of residual forest biomass per year, thus producing renewable energy equivalent to the energy consumption of the city of A Coruña. Since its launch, it has allowed, in addition to the generation of renewable energy at a regulated price, the cleaning of a large part of the Galician mountains, contributing to reduce the risks of fires and forest pests. For the entire biomass collection process, Greenalia has 40 packing machines.  Thus, the operation of the plant has allowed the creation of 200 jobs in the rural environment of the facility in Galicia. About Sure SURE is a voluntary biomass sustainability certification system developed by REDcert (German company with experience in biofuel sustainability certification) and Bioenergy Europe (the European bioenergy association, with extensive knowledge in the biomass market and in managing certifications). SURE offers a practical solution to all agents operating within the bioenergy sector and who need to meet the requirements imposed by the new European Renewable Energy Directive (EU 2018/2001 REDII).... Read more...
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    GREENALIA REGISTERS A 100 MILLION EUROS GREEN PROMISSORY NOTES PROGRAM IN THE SPANISH ALTERNATIVE FIXED INCOME MARKET13/12/21With this program, the company consolidates its position as a pioneer SME in green finance, having rated all of its issued bonds green Greenalia, the renewable energy producer, has registered a 100 million euros package of green promissory notes in MARF (Alternative Fixed Income Market), with a one year maturity, starting in January 2022. The company has made public through the corresponding relevant event published by BME Growth, that Banco Santander acted as the transaction coordinator and lead arranger and jointly with Banca March as transaction dealers. With this transaction, the second green promissory note program in the Spanish market, Greenalia advances on the green financing path, consolidating its position as a pioneer SME in this type of green financial sourcing, a framework in which it has issued four bonds, the last one being a 55 million euros one in December 2020 in Spain, rated with the highest score by Standard &  Poor’s rating agency. The previous three were operated in Luxembourg. Greenalia continues its business development and financial closing, operating within the framework of Green Bond principles promoted by the International Capital  Market  Association (ICMA) and the  Loan Market Association (LMA), organizations that promote development of new ESG (environmental, social & governance) aligned financial practices, aimed at promoting green, environmentally and socially beneficial projects.  All this is also in a framework of increasing transparency and good corporate citizenship principles. This corporate move is added to the 15 million euros capital increase made two weeks ago by the company. Both transactions are part of the expansion plan in which the Coruña company is immersed that includes a diversified and solid pipeline in five technologies (onshore and offshore wind, solar, storage and biomass) both in Spain and the USA. Green Assessment In line with its ESG Policy Book and its Good Governance Manual, Greenalia has submitted its green financing program to a third-party evaluation by Sustainalytics (Morningstar), a leading rating agency for green financing, which has considered that the company’s projects can contribute to the energy transition process in Spain. In this line, the report issued by this independent international agency ratifies that the company’s financial program “is robust, transparent and aligned with the company’s overall sustainability strategy, while contributing to the advancement of Sustainable Development Goal 7 of the United Nations, which includes access to affordable energy, safe, sustainable and modern for all.” Closing higher in 2021 As the company shared in its financial results presentation, the year-end forecasts are positive, with an estimated Ebitda above 32 million euros, well above the 24 million contemplated for this year in the company’s Strategic Plan, which was presented at its debut in the Alternative Market in 2017.... Read more...

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CORPORATE

Lastest News 2020

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    GREENALIA´S 50 MW RODICIO WIND FARM IN SPAIN NOW IN PUBLIC EXHIBITION PHASE08/06/22The Wind Farm (WF) will developed in the municipalities of Maceda and Montederramo (Ourense, Galicia) With an execution budget of 37 million the facilities will supply clean energy to power the equivalent of 41,000 households Greenalia continues to make progress in the development of its onshore wind portfolio in Spain. From today, Rodicio WF, with a capacity of 50 MW, planned in the municipalities of Montederramo and Maceda (Ourense), is submitted to public exhibition. This WF will have 12 wind turbines of 4.2 MW of nominal power, 107 meters of hub height and 150 meters of rotor diameter. With an annual green energy production of 144,128 MWh, the equivalent of the consumption of 41,000 homes, it will avoid 53,327 tons of CO2 emissions into the atmosphere.  The area where Rodicio will be installed is located outside protected areas included in the Galician Network of Protected Areas or the Natura 2000 Network, including the expansions proposals. Areas protected by international instruments and IBAs (Important Bird Areas) have also been excluded, as well as priority areas for breeding, feeding, dispersal and local bird concentration. About hydrological protection, no river course is in implantation of the WF an all infrastructures are located outside the easement and riverbed police area. Regarding cultural heritage, the project states that only contributions will be made and not earthworks or excavations in areas of influence of heritage elements, which will be duly marked, following the premises of Heritage office. To this is added the implementation of a monitoring system by qualified technicians that guarantees the integrity of the cultural heritage elements registered in the area.... Read more...
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    GREENALIA’S NEW 24 MW WIND FARM IN SPAIN, TOURIÑAN III-2, NOW IN PUBLIC EXHIBITION PHASE01/06/22Touriñán III-2 wind farm, with 5 wind turbines, is projected in A Estrada, Cuntis and Campo Lameiro, municipalities in Pontevedra (Galicia, Spain) The Wind Farm (WF), with an execution budget of 22 million, will supply clean energy to power the equivalent of 26,500 households and prevent the emission of almost 300,000 tonnes of CO2 Greenalia advances in its pipeline development in Spain. With today’s DOG publication of a new wind farm, 24 MW Touriñán III-2, in the province of Pontevedra, specifically in the municipalities of A Estrada, Cuntis and Campo Lameiro, it takes another step in its pipeline development strategy. Touriñán III-2 WF is composed of 5 wind turbines, three of them with a unit power of 5 MW, 90 meters high and 145 meter rotor diameters, while the other two are 84 meters high and 132 meter rotor diameter and a 5 MW unit power, limiting the power of one of them for a total installed power of 24 MW. The project will have a 22 million euros execution budget and is expected to mobilize over 100 jobs. The WF will have an annual production of 92,786 MWh/year, the equivalent of the consumption of 26,500 families and the reduction of 34,330 tons of CO2 emissions into the atmosphere. The area where the TOURIÑÁN III-2 Wind Farm and its evacuation infrastructure will be located is outside protected areas included in the Galician Network of Protected Areas or the Natura 2000 Network, including proposals for its expansion. Areas protected by international instruments and IBAs (Important Bird Areas) have also been excluded, as well as priority areas for breeding, feeding, dispersal and local bird concentration. The project contemplates a small affection to hardwood tree vegetation during the execution phase, so once that phase is finished, the plantation is established with native species in the area in twice the surface of what is affected, so that not only that space is revegetated, but also some currently degraded. About cultural and landscape heritage, the studies conclude the viability and compatibility of the wind farm with the environment.... Read more...
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    GREENALIA SIGNS A RENEWABLE ENERGY SUPPLY CONTRACT TO POWER ALCOA’S SAN CIPRIAN ALUMINUM SMELTER FROM 202419/05/22For this agreement, Greenalia has selected 29 projects, with a total capacity of 924 MW, that will supply 183 MW base load energy to Alcoa’s smelter Greenalia will invest over 1,000 million euros and mobilize over 9,400 jobs with these new wind power developments. The contract is a critical step to promote the long-term viability of the San Ciprian facility in Lugo Greenalia has signed a contract with Alcoa for the supply of energy from renewable sources at the San Ciprián smelter in Spain from 2024 until the end of 2033. Greenalia is committed to supplying renewable energy to the Lugo plant for up to 183 MW in base load, energy that will be supplied by wind farms that the company, based in A Coruña, is developing in Galicia, mainly planned in the province of Lugo where Alcoa’s facility is located. This power contract is a very important step for the long-term viability of San Ciprián. The agreement is expected to provide up to 183 megawatts of the smelter’s baseload power consumption, representing approximately 45 percent of the energy required to meet the smelter’s maximum capacity of 228,000 metric tons per year. For this agreement, Greenalia has selected 29 projects, all of them with access and connection in Galicia, with a total capacity of 924 MW. Greenalia’s new wind power developments will have an investment of more than 1,000 million euros and more than 9,400 jobs mobilized. Another key is the commitment to renewable energy through facilities implemented in Galicia. This reflects the clear commitment of both companies to the territory and sustainability. “The signing of this PPA is a new milestone in the company’s history, especially for what it means in terms of contributing to improving the competitiveness of industry in Galicia – in this specific case for the electro-intensive industry – and, consequently, for the future of so many jobs that, in one way or another, depend on this industry. We are convinced that alliances like this help to provide solutions to one of the major problems that factories like San Ciprián must face, the price of energy, and to do so in a sustainable way”, says Manuel García, CEO of the company.... Read more...
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    GREENALIA´S 50 MW FONSANTA WIND FARM IN SPAIN NOW IN PUBLIC EXHIBITION PHASE19/05/22Fonsanta will developed in the municipalities of Bande and Verea (Ourense, Galicia) The project foresees over 41 million euros investment and over 500 jobs mobilized The operating wind farm allows for a 600 tCO2 reduction in atmospheric emissions Greenalia continues to develop its project portfolio. 50 MW Fonsanta WF achieves a new milestone today in Bande and Verea Municipalities, in the province of Ourense (Spain) as published in the Official Gazette. Fonsanta is composed of 12 wind turbines that will be installed within O Vieiro zone, part of the Galician Wind Sectorial Plan. The project guarantees the environmental protection and technical viability of the project as detailed in the published proposal and the corresponding technical assessments and reports. This 50 MW WF will have a production capacity of 153,163 MWh/year, equivalent to the consumption of 43,480 families and generating a reduction of 56,670 tons of CO2 atmospheric emissions. The wind turbines have a 4.2 MW unit power, with the exception of one of 3.8 MW, a 112 meters hub height of 112 and a 150 meters rotor diameter. The total investment adds up to 41 million euros and over 650.000 euros will go to local administrations through fees and taxes.  It will not affect areas protected by the Galician Network of Protected Areas and the Natura 2000 Network. Likewise, the areas included in the Galician Catalogue of Wetlands have also been excluded. Its location is also outside bird protection areas (IBAs). In avifauna terms, the study shows that ornithological interest is limited due to the low number located over months. Likewise, no specific migratory corridor has been detected. In any case, to avoid possible collisions that may occur, a series of preventive measures are established. Thus, the possibility of painting a blade in black on each wind turbine is foreseen, an aspect that has been proven to significantly reduce the risk of collision. Regarding cultural heritage, the study reflects the compatibility of the installation. As a preventive measure, a clearing is established prior to the constructive and prospecting actions on areas currently covered with weeds and vegetation to verify the possible existence or not of cultural assets, beyond the cartographic analyses. Finally, a package of environmental measures is introduced, including a restoration plan over 13.290 m2.... Read more...
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    GREENALIA SUBMITS SANTA ANNA I, 50 MW SOLAR PLANT, TO PUBLIC EXHIBITION IN SPAIN (ALICANTE)17/05/22Santa Anna I will be developed in Monforte del Cid (Alicante) with over 35 million euros in investment and over 300 jobs mobilized The company has a total of 660 MW Solar in the pipeline, 150 MW in the Valencian Community Greenalia continues with its renewable energy pipeline development in Spain and submits to public information a new solar plant, in this case in the Valencian Community, specifically in Monforte del Cid (Alicante). As detailed in the documentation published in Alicante´s Official Gazette, Santa Anna I Solar Plant, foresees a total of 84,696 panels and a 50 MWp capacity. For its commissioning, the company foresees an investment of over 35 million euros and the mobilization of 320 jobs. Once in operation, the facility will have an annual production of 106,970 MWh, a figure that is equivalent of the energy consumption, from renewable sources, of 20,300 families, which is a step forward in the decarbonization process, since it allows the reduction of 14,700 tCO2 emmited in to the atmosphere. The project is complemented by the Environmental Impact Study (EIA) presented by Greenalia in which different preventive, corrective and complementary measures are included to integrate the photovoltaic park into the environment and reduce any possible synergistic effect.... Read more...

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