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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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Lastest News 2020

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    GREENALIA COMPLETES A GEOPHYSICAL CAMPAIGN FOR ITS FIRST FLOATING OFFSHORE WIND FARM IN SPAIN, GOFIO, OF 50 MW11/05/22This technical study, prepared by the canary company ECOS, will allow progress in the detailed design of the floating structures Thus, the company confirms its commitment to the development of floating offshore wind, one of the technologies for which greater growth is expected in the coming years. The renewable energy producer Greenalia is advancing in the development of its floating offshore wind projects in the Canary Islands, with the recent execution of a complete geophysical campaign in San Bartolomé de Tirajana where it plans to locate the PE Gofio, of 50 MW. The main objective of this action is to obtain a more detailed knowledge of the conditions of the seabed where this primer floating offshore wind farm will be implemented. In this way you will be able to advance with greater precision in the design processes of the floating structures and the project certification. The results of this campaign have confirmed the analysis carried out within the Environmental Impact Study (EIA), prepared in 2020, and has also allowed to obtain a greater knowledge of the biodiversity of the seabed. These works show the compatibility with the environment and the reduced environmental impact that the project could generate. The study has been developed over two months in which a bathymetric and morphological survey of the seabed of great precision has been carried out, which has allowed to advance in in-depth analysis of the benthic communities (the different aquatic ecosystems) and underwater archaeology. For this, it has had the additional support of an underwater ROV, in addition to the characterization of the marine substrates using an underwater research system, type Geopulse. This award is part of the collaboration agreement that Greenalia signed last year with the Canary Islands Maritime Cluster (of which ECOS is a partner). An agreement through which to share experience and knowledge on offshore wind energy, especially on floating wind energy. With this new step, Greenalia once again confirms its commitment to the development of its floating wind energy projects, one of the renewable generation sources called to be the basis of green growth in Europe for the coming years.... Read more...
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    GREENALIA ADVANCES ITS PIPELINE DEVELOPMENT IN SPAIN WITH 106 MW LEVANTE WIND FARM NOW IN PUBLIC EXHIBITION PHASE25/04/22Levante Wind Farm with 19 wind turbines is projected in As Nogais, Becerreá and Triacastela municipalities in Lugo, Spain The project, with an execution budget of over 77 million euros, foresees to mobilize 1,000 jobs It’s impact on the local coffers is estimated in 3 million euros, through fees and taxes Greenalia advances in its pipeline development in Spain and a new Wind Farm (WF) begins its public exhibition phase. Levante WF, of 106.4 MW will be installed in the municipalities of As Nogais, Becerreá and Triacastela (Lugo, Galicia, Spain). The clean wind energy production will avoid the consumption of over 28,000 tons of oil, as well as the emission of more than 121,000 tons of CO2 into the atmosphere, with the resulting environmental benefits. In this way, the equivalent of over 82,000 families can be supplied through renewable sources. This 106,4 MW WF will have 19 wind turbines, with 127.5 meters hub height and 145 meters of rotor diameter. In total, this installation will mean a 77 million euros investment. The selected project will not affect areas protected by the Galician Network of Protected Areas and the Natura 2000 Network. Likewise, the area included in the proposal for the Extension of the Natura 2000 Network and the areas included in the Galician Catalogue of Wetlands have also been excluded. Its location is also outside bird protection areas (IBAs). The WF location has been set considering its compatibility with Cultural Heritage elements. The LAT evacuation crosses on one occasion the Way of Santiago (North-Interior route). However, in this section it has been decided to bury that part of the line, thus minimizing the possible impact. In terms of avifauna, the appropriate studies have been carried out, not appearing in the area any specific migratory corridor, so it is not foreseen to affect in this regard. The necessary measures will be carried out to minimize the risk of introduction of invasive species, including in the environmental monitoring and surveillance program the early detection of the possible presence of non-native species.  Likewise, it is proposed to plant 24,000 m2 of hardwoods in an area to be agreed with the regional administration. En materia de avifauna, se han realizado los oportunos estudios no apareciendo en la zona ningún corredor migratorio específico, por lo que no se prevé afectación al medio en este sentido. Se llevarán a cabo las medidas necesarias para minimizar el riesgo de introducción de especies invasoras, recogiéndose en el programa de seguimiento y vigilancia ambiental la detección precoz de la posible presencia de especies alóctonas. Así mismo, se propone la plantación de 24.000 m2 de frondosas en una zona a consensuar con la Administración autonómica.... Read more...
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    GREENALIA’S 33 MW LAMAS DE FEÁS WIND FARM IN SPAIN NOW IN PUBLIC EXHIBITION PHASE19/04/22Lamas de Feás Wind Farm is located within the Galician Wind Sectorial Plan, in the municipalities of Baltar, Calvos de Randín and Os Blancos The project foresees a 27 million euros investment and a mobilization of over 300 jobs The Wind Farm’s annual production is estimated in over 103,000 MWh, and the company expects its positive impact in local administrations through fees and taxes to be over 650.000 euros Greenalia advances in its pipeline development in Spain and a new Wind Farm (WF) begins to public exhibition phase. Lamas de Feás WF will be installed in the municipalities of Baltar, Calvos de Randín and Os Blancos (Ourense, Galicia, Spain). This 33 MW Wind Farm will have a production of 103,174 MWh/year, seven 5 MW wind turbines, with 127.5 meters hub height and 145 meters of rotor diameter. In total, a 27 million euros investment. The alternative chosen for the development of this WF is within the A Guioncha ADE, included in the Galician Wind Sectorial Plan. It will not affect areas protected by the Galician Network of Protected Areas and the Natura 2000 Network. Likewise, the area included in the proposal for the Extension of the Natura 2000 Network and the areas included in the Galician Catalogue of Wetlands have also been excluded. Its location is also outside bird protection areas (IBAs). The new structures of the park are planned in the so-called transition zone of the Gerês-Xurés Cross-Border Reserve. However, they are more than 5.5 kilometers away from the core area. The environmental study includes the implementation of corrective measures in the flora. This section highlights the process of revegetation of the habitat that may be affected during the works. Once they are finished, a revegetation of almost 39,000 m2 will be carried out. The area will also be improved with the cleaning of the existing biomass. In addition, as a complementary measure, 2.5 hectares of melojares will be reforested. With regard to avifauna, a pre-operational study has been carried out that has been completed with existing data in the Government of Galicia on the presence of the golden eagle. With these data, the non-presence of this species is concluded. After the analysis of the main landscape elements included in the Catalogue of Landscapes of Galicia, the presence of the Lamas de Feás Wind Farm is considered compatible.... Read more...
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    GREENALIA CLOSES FY 2021 EXCEEDING ITS STRATEGIC PLAN OBJECTIVES06/04/22In 2021, four new Wind Farms totalling 50.4 MW have started operations. Thus allowing the company chaired by José María Castellano to consolidate its business model, progress in its growth strategy and report a 76.5 million euros turnover and a 38.7 million euros EBITDA. Greenalia, reported progress in its USA expansion today in its FY21 Annual Results where it already has around 1.3 GW Pipeline after adding an extra 530 MW of new solar photovoltaic developments in “early stage” to the 695 MW acquired in 2021 that are currently in investment phase for its construction The company will boost the construction of 3 new Onshore Wind Farms in Spain (Galicia) in the coming months, totalling 110 MW, 120 million euros investment and over 1,000 jobs mobilized Greenalia advances in its pipeline development, consolidates its Develop & Own business model (with FY21 results exceeding its Covid Resilience Plan and initial 2017 IPO Strategic Plan’s expectations) and streamlines its internationalization by furthering its presence and operations in the USA. These are the main conclusions drawn from Greenalia’s FY21 integrated annual report, as communicated this morning to the market (BME Growth). In the official communication, the company’s CFO, Antonio Fernández-Montells, highlighted “the asset’s performance, in a highly volatile and complex context such as the one experienced in 2021, a fiscal year marked by the uncertainty derived from the health crisis caused by COVID-19, have shown our business model’s resilience and capacity to press forward when facing adversity.” In this sense, he explained that Greenalia’s good results, with a 76.5 million euros turnover and a 38.7 million euros EBITDA, are marked by the commissioning of four Wind Farms (50.4 MW). With these figures, explained Fernández-Montells, “we have exceeded the objectives set forth in the Strategic Plan we presented in 2017 in our MAB IPO.” In 2021 the company has consolidated and expanded its USA Pipeline adding almost 1.3 GW of solar photovoltaic. In this sense, the CFO explained that, to the acquisition of 695 MW Misae II project (Texas, USA) another 530 MW of “early stage” solar photovoltaic projects have recently been added. At this point he recalled that, in 2021, Greenalia made the leap to the United States where it has already begun the initial phases of construction of a 695 MW photovoltaic plant. Along with the construction of this project, which is scheduled to begin supplying energy to the grid in 2024, another 170 MW battery storage project is being developed. Fernández-Montells explained that the company is processing another 530 MW, “projects that consolidate our commitment to the American market, where we are laying a solid foundation to develop our business model also in the USA“. With these developments, the company advanced its internationalization forecasts with a double objective: to expand its technological diversification by adding storage to the four technologies in which it already worked (onshore wind, offshore wind, solar photovoltaic and biomass) and to widen the market range by working in two currencies, euro (€) and dollar (USD), which gives it greater financial strength. Commitment to the Galician industrial fabric  At the operational level, 2021 ended with the signing of the pre-agreement to supply renewable energy to the Alcoa Aluminum Plant in San Cibrao (Lugo, Spain), for a period of 10 years, energy that will be supplied from Wind Farms currently being processed in Galicia, primarily in Lugo, where the Alcoa Plant is located. A pre-agreement that is part of Greenalia’s strong commitment to the Galician Industry, particularly at this time of price tensions in the energy market. In Greenalia we consider that wind resource is an opportunity to ensure the competitiveness of the electro-intensive companies in the medium term, through a PPA like the one agreed, a line in which the company continues to work to close new deals.  Green Finance At the corporate level, these results show other milestones reached in 2021. Among them, the 100 million euros Green Promissory Notes Program stands out, a transaction that was added to the 15 million euros capital increase executed in November and that has allowed progress in new projects. Offshore and Solar Photovoltaic advances in Spain Greenalia’s commitment to Floating Offshore Wind stands out, and over the past year it has advanced in the processing of its first project, Gofio (50 MW), which is destined to be the first Floating Offshore Wind Farm in Spain. Likewise, Greenalia has maintained the pace of processing in its Photovoltaic Projects, where it has 660 MW with grid access and connection in the Valencian and Andalusian Autonomous Regions.  Sustainable Projects and Local Impact The actions developed in 2021 by the company have had a positive impact on the local economy and the territories in which it operates. In this sense, the company’s Director of Sustainability (CSO) and Corporate Development, Beatriz Mato, has highlighted the contribution of the group’s developments at a social and economic level, where supplier payments reached 88 million euros in 2021 and over 400 jobs were mobilized, mostly in the Galician community. In his speech, she also highlighted the Green Book of Corporate Policies, the Corporate Code of Conduct and Good Corporate Practices approval and the implementation of the Ethical and Responsible Channel. All this, she said, in a year in which Sustainability (ESG) has been introduced into the Board of Directors, which undoubtedly reflects the company’s commitment to incorporate sustainability in a transversal way throughout the group’s activity and also transfer it to suppliers and though the value chain.... Read more...
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    GREENALIA MEETS WITH THE CANARY ISLANDS GOVERNMENT TO REPORT ON DEVELOPMENT PROGRESS OF ITS OFFSHORE WIND PROJECTS30/03/22The renewable energy company’s CEO, Manuel García, met today with the President of the Canary Islands, Ángel Víctor Torres, to whom he conveyed his firm commitment to identifying, in the Canary Islands, the largest number of potential companies to carry out the projects, a section in which he recalled the MOU signed last May with the Maritime Cluster of the Canary Islands. As explained by the company’s executives at the institutional meeting, Gofio Offshore Wind Farm, planned for San Bartolomé de Tirajana, has already achieved important milestones in its processing, including obtaining the aeronautical permit for the installation and operation, and is the only project today in Spain with this development progress. The meeting was also attended by representatives of the company Bluelines Renewables SL, based in Las Palmas de Gran Canaria, a strategic and technological partner of Greenalia in its offshore wind developments. Greenalia’s CEO, Manuel García, together with other executives of the company, held today a meeting with the President of the Canary Islands Government, Ángel Víctor Torres, and the Regional Minister of Ecological Transition, José Antonio Valbuena. The meeting was held with the objective of analysing the development progress of the offshore wind farms that the company has in its pipeline on the islands, which total 250 MW through 5 floating offshore installations (Gofio, Dunas, Mojo, Guanche and Cardón). Greenalia’s strategic objectives include being a leading player in the energy transition and decarbonisation process, a roadmap in which offshore wind plays an essential role. In this context, it considers that the contribution of these five wind farms would represent a unique opportunity for the energy independence of the Canary Islands and the promotion of its industry. “As the only project in this advanced stage of processing, having positively passed the phase of previous reports and with the possibility of obtaining the Environmental Impact Statement in the coming months, we consider it to be the most mature project in Spain, especially after the moratorium established by the Government in 2021 for new projects”, explained the CEO of the company, who thanked the Government of the islands for the open dialogue to advance a key and common objective, such as the energy independence of the islands and the transition to a system based on renewable energies. Greenalia expects Gofio Offshore Wind Farm to be the first floating offshore wind farm in Spain and, with this, it will help to advance in the necessary energy transition, which is becoming more urgent after the constant increases in gas prices and the effects of the war in Ukraine, with a high impact on European energy markets. In this respect, Gofio is expected to produce the equivalent of the consumption of 75,000 households, with a net capacity factor of around 60%, a key aspect for the stability of the region’s electricity system. For all these reasons, it considers it to be a potential project to be presented to the Next Generation Funds within the Renewable PERTE. Greenalia also conveyed to the head of the Canary Islands Government its firm commitment to identifying the largest number of potential companies in the Canary Islands, a section in which it recalled the MOU signed last May with the Canary Islands Maritime Cluster, with which there is a collaboration agreement to address these projects with companies based in the islands and thus strengthen their technological capacity, so that they can establish themselves as a reference in the floating offshore wind sector worldwide and thus be able to internationalise their operations and services. In this sense, the investment figures stand out, as a total investment is estimated for the Gofio of between 175 and 200 million euros (between 800 and 950 for the 5 wind farms under development in Gran Canaria) of which between 60 and 100 million euros (between 300 and 500 million euros in the case of the 5 projects) is expected for national and Canary Island companies and the mobilisation of some 800-850 jobs (direct and indirect) for each of the 5 projects currently under development.... Read more...

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