PRESENTATION WATCH PRESENTATION 1H22 FINANCIAL RESULTS DOWNLOAD PDF FY21 SUSTAINABILITY REPORT (ESG) BUSINESS FIND OUT MORE DIVISIONS WE CARE ABOUT YOU AND YOURS WATCH CORPORATE VIDEO

WE ARE GREENALIA

-MEET US-

About Greenalia

Business divisions

Shareholders & investors

Sustainability

Press

Careers

LATEST NEWS

SUSTAINABILITY

• • 

    GREENALIA REAFFIRMS ITS COLLABORATION WITH CORUÑA BASQUET CLUB THROUGH THE FINANCING OF 20 CHILDREN SCHOLARSHIPS11/11/22Greenalia reaffirms its collaboration with the Club Basquet Coruña, by the financing, for a third consecutive year, of twenty training scholarships for children at exclusion risk. Through this initiative, the renewable energy producer will fund training expenses (registration, equipment, and fees) for these students. With this initiative, Greenalia, through its Foundation for the Energy Transition, wants to continue to do its part to support socio-educational and social inclusion plans in the areas where it operates and sports has an important integrating aspect. This has been ratified by the Director of Sustainability and Corporate Development, Beatriz Mato, and the Vice-President of the entity, Juan Carlos Fernández Herrero. As explained by Greenalia’s CSO, Beatriz Mato, “for us, it is a satisfaction to be able to reaffirm our commitment to this entity, as the principles of basketball and of this club are those that we also practice in our company. Values such as companionship, the spirit of sacrifice and fair play, which are so firmly established in this sport, are also the keys of our corporate policy“. Basquet Coruña values and appreciates the effort made by Greenalia so that children of different ages who are at risk of exclusion can continue to enjoy and develop their favorite sporting activity. In the words of its vice-president, Juan Carlos Fernández, “for Basquet Coruña it is a great joy to renew this agreement with Greenalia. For the third consecutive year, this link will allow boys and girls, in vulnerable situations, to have the opportunity to enjoy and train in basketball from the grassroots level“. Basquet Coruña, founded in 1996, is the reference club in the city and its area of influence. With around 700 children between its own and external schools, Basquet Coruña is the largest basketball academy in Galicia. A sporting practice that the club complements with numerous activities, always within a framework of social awareness towards the values of sport and healthy habits. Greenalia, based in A Coruña and active in Europe and the USA, is an independent producer of energy exclusively with renewable technologies. The organization is present in five technologies: Onshore and Offshore Wind, Solar Photovoltaic, Storage and Biomass, where it is vertically integrated from the origin of the raw material to the production of electrical energy.... Read more...
• • 

    GREENALIA STRENGTHENS ITS COMMITMENT TO THE AREAS WHERE IT OPERATES AND WILL SPONSOR THE BURELA FUTSAL CLUB THIS SEASON30/09/22The support local projects in the communities where it operates is one of the pillars of Greenalia’s Sustainability Plan, the company has plans to develop several projects in the region (Mariña Lucense) that will supply green energy to Alcoa. Both signatories highlighted the main values of this club, which has received multiple awards for its defense of equality The renewable energy producer Greenalia, based in A Coruña, will sponsor the women’s Burela Futsal Club during the 22/23 season. A collaboration that will have an investment of 15,000 euros and that is part of the company’s sustainability strategy, as reflected in the signing ceremony today at the headquarters of the sports club in Burela (Lugo). The agreement signed today between Manuel Blanco Fanego, president of the Burela Club, and the company’s Sustainability and Corporate Development Director, Beatriz Mato, is another step forward in Greenalia’s commitment to the intrinsic values of team sports. “It is an excellent opportunity to support a club like this, with a track record of reference in the defense of equality,” said Beatriz Mato. In addition to sports values, Greenalia, explained Mato, shares with the club the 5 Sustainable Development Goals (SDGs) that are part of the strategy of this team: education, equality, fight against climate change, care for our forests and seas, and a healthy lifestyle. For his part, the club’s president, Manuel Blanco, stressed that “this union demonstrates the visibility that our sport has, attracting companies from different sectors and of different sizes and as important as Greenalia”. “We are delighted that a reference company in Galicia and in other parts of the world is part of our project“. “We are looking forward to this path that we are starting together, and we hope it will be a fruitful relationship that will last for a long time“. The support to local projects in those environments where it operates is an axis of Greenalia’s Sustainability Plan, a company that has a strong commitment with the local industry, as reflected with the agreement signed with Alcoa for the supply of green energy for its San Cibrao Plant and with the portfolio of projects in the pipeline, which will mean a significant investment in the coming years. A long career in sports With over 20 years of experience in the national futsal elite, and more than 12 years promoting and supporting women’s sports, the Burela Futsal Club has won 20 titles in the last four years. They have become a reference for minors from all over Spain and other European countries. It has been distinguished with the Castelao Medal, the highest honor that can be awarded to an entity or person in Galicia. It is a pioneer club in the development of an agreement for its players, who work daily to be the best exponents of the value of sport in society. A model for which it has been awarded as the best women’s club in the world in the last two editions of the Futsal Awards.... Read more...
• • 

    GREENALIA WILL SUPPORT LOCAL SPORTS ENTITIES IN CORISTANCO WITH A SPECIAL PROGRAM PART OF ITS ESG STRATEGY27/09/22This project is part of the company’s ESG strategy, that aims to invest and collaborate in the local communities where the company develops its renewable projects Through the agreement signed today between the renewable energy producer and the Local Administration, will benefit 250 local sportsmen and women The renewable energy producer Greenalia will finance an annual sporting activities promotion program, specifically aimed at the initial categories or grassroots sports. For this aid, Greenalia will allocate a budget of 20,000 euros, as stated in the agreement signed today between the two administrations. This accord was signed this morning between the town’s mayor, Juan Carlos García Pose, and Greenalia’s CSO, Beatriz Mato. These funds, which will be managed through the City Council services, are aimed at local grassroots sports entities and for individual athletes who compete in relevant events within the regional, national, or international levels. It is expected that this aid program will benefit around 250 sportsmen and sportswomen. Within the framework of this agreement, the Greenalia´s CSO, Beatriz Mato, highlighted the work of social integration that sport has “due to the values of effort, companionship and teamwork that it transmits, and which are so necessary for people’s day-to-day lives“. This action is part of the company’s social action strategy, through which Greenalia wants to reinvest in those areas where it builds and operates its wind farms. In the Costa da Morte area, the company has 52 MW in operation, to which three new wind farms (Campelo, Bustelo and Monte Tourado) with a total of 110 MW and now under construction will soon be added.... Read more...
• • 

    GREENALIA JOINS THE CLIMATE PLEDGE AND COMMITS TO REACH NET- ZERO EMISSIONS BY 2040, A DECADE BEFORE THE GOAL SET IN THE PARIS AGREEMENT19/09/22Greenalia joins the commitments set forth by The Climate Pledge, an adhesion that reinforces its commitment to sustainability by anticipating the emission reduction target to 2040 In this way, Greenalia, together with over 300 companies adhering to this platform, commits, among other aspects, to implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations The renewable energy producer Greenalia joins the The Climate Pledge initiative, a platform co-founded by Amazon and Global Optimism in 2019, to get companies to join the commitment to achieve net zero carbon emissions by 2040, a decade earlier than set out in the 2050 Paris Agreement. With this signature, Greenalia, joins over 300 companies adhering to this platform, commits to measure and report greenhouse gas emissions regularly; to implement decarbonization strategies through real business changes and innovations, to include efficiency improvements, renewable energy, material reduction and other carbon emission elimination strategies; and to neutralize remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040, which means a decade of anticipation to the 2050 Paris Agreement objectives. In this sense, the growth of green energy production by Greenalia stands out, whose strategy is focused on the development of new wind and solar installations that allow reducing the emission of CO2 into our atmosphere, a vital aspect to accelerate the transition to a low-carbon economy. “All companies have a key role in the fight against climate change, whose impacts are increasingly visible and at Greenalia we are clear about our commitment. That is why we have joined The Climate Pledge because in addition to reinforcing our commitment to sustainability, we join a community with which to share knowledge, ideas, and best practices. All of them aimed at safeguarding the planet for future generations“, explains Greenalia’s Sustainability and Corporate Development Director.... Read more...
• • 

    GREENALIA AND UDC CREATE THE ENERGY TRANSITION CHAIR TO PROMOTE RESEARCH & AWARENESS ON CLIMATE CHANGE14/09/22With the agreement signed today between the two entities, a project focused on the decarbonization process, the energy transition and the fight against global warming is launched The renewable energy producer, based in A Coruña, is committed to expanding its sustainability reach through the launch of this new research and knowledge transfer space Another of the objectives of this Chair is to promote new specialized training paths in the green energy sector The renewable energy producer Greenalia and the University of Coruña (UDC) kick-off their Chair for the Energy Transition through which both organizations seek to promote research, awareness, and knowledge transfer on the impact of climate change, the decarbonization process and the energy transition, with special attention to its effects in our region. In addition to these objectives, both entities seek to develop and promote new talent in these areas, as green jobs will increasingly require more and better specialists. To this end, the company based in A Coruña is committed to financing the different activities planned annually within the framework of this Chair. A four-year development and implementation agreement was signed today by Manuel García, Greenalia’s CEO, and Julio Abalde, UDC’s Headmaster. Both entities have agreed on the common interest of addressing, through this Chair, an issue as important as the energy transition. After all, a paradigm change is unfolding considering the serious international situation due to the war in Ukraine; plus, a summer in which the water resource situation throughout Europe has become critical, high temperatures and large fires have raised all the alarms about the Planet’s health. A situation that requires the implementation of far-reaching measures, for which the contribution of experts and researchers is key. In this context, Manuel García, the company’s CEO explained that “at Greenalia, where green energy and the protection of biodiversity are at our core and origin, we have considered it necessary to go a step further. For this reason, we have formalized a new line of continuous and stable collaboration with researchers, teachers, experts, and students, so that new systems and applications can be developed for a more inclusive, egalitarian, and fair transition”. All this, he added, should serve not only to broaden our knowledge, and activate new proposals and improvements in the different energy developments that are carried out, but also to promote new, more specialized training lines that can respond to the sector needs, which is set to grow in the coming decades. Investment and planning As stated in the agreement, Greenalia foresees a total of 80,000 euros for the Chair, which will be used to carry out activities in the field of training, awareness and the transfer of knowledge and joint research. It also establishes the figure of Chair Director and a Monitoring Committee.... Read more...

More News

CORPORATE

Lastest News 2020

• • 

    GREENALIA REGISTERS STRONG 1H22 RESULTS AND CONSOLIDATES ITS INTERNATIONAL AND TECHNOLOGICAL DIVERSITY STRATEGY29/11/22The company closed 1H22 with over 53 million euros in revenues and 24 million euros EBITDA, which shows a 49% growth versus the same period last year. Greenalia consolidates its business model, advances in its growth strategy, and consolidates its expansion model in the US, where it is strengthening its presence with new projects in wind, solar and storage technologies. This is a growing market in which the company has opened its US Headquarters Office and diversified its pipeline (now adding-up to 6 GW, 48% of which is located in the US) into 6 technologies. The main end-of-semester-figures include 53.1 million euros in revenues, doubling last year’s same period results, a 10 million euros Net Profit, and 24.5 million euros EBITDA (up 49%). These figures reflect the company’s consolidation and excellent performance of its assets in operation (5 wind projects and a biomass plant totaling 125 MW). In addition to the pipeline growth (onshore and offshore wind, solar, storage, biomass, and hydrogen), another important milestone was the signing of two important PPAs for the supply of renewable energy. Specifically, these agreements were signed with two electro-intensive companies with plants in the north-western community of Galicia in Spain. The first was signed with the Japanese multinational Showa Denko for its A Coruña Plant, with a 123 MW capacity. And the second with Alcoa to supply its San Cibrao Plant in Lugo, with 924 MW capacity, which makes it the largest PPA in Europe. Strong commitment to sustainability In ESG matters, Greenalia remains firmly committed to sustainability, an area in which several milestones achieved in this period stand out. Thus, its adherence to initiatives such as The Climate Pledge, which brings forward by a decade the goal of reducing its CO2 emissions to zero, is another example of its track record in the fight against climate change. During the first half of the year, the organization also began implementing its Risk Management System and took important steps in the Corporate Governance with the rolling-out of new developments in its Compliance Program like the approval of its Anti-Corruption/Bribery Regulations.... Read more...
• • 

    GREENALIA ADVANCES IN ITS WIND POWER DEVELOPMENT IN SPAIN WITH A NEW 19 MW WIND FARM IN THE PUBLIC INFORMATION PHASE, COTO MUÍÑO29/11/22With an expected investment of 16 million euros, this facility will avoid the emission of 27,000 tons of CO2 into the atmosphere. Greenalia advances in the processing of its wind power portfolio in Spain and submits a new wind farm, Coto Muiño, to the public information phase. It is a facility with an installed capacity of 19.2 MW and an expected investment of 16 million euros. This new wind farm will have 4 wind turbines in the municipality of Zas (A Coruña). The machines will have a hub height of 127.5 meters and a rotor height of 145 meters. The project foresees an annual production of 73,626 MWh, which will avoid the emission of 27,000 tons of CO2 into the atmosphere. For the development of this new wind farm, areas of high wind resource have been selected with the minimum impact on the environment. It is located outside protected areas or spaces such as IBA, natural reserves or monuments, as well as ZEP zones and Biosphere Reserves. As for the landscape, the low density of machinery and the screening effect of the vegetation and orography make it perfectly compatible with the environment. About birdlife, the area is not expected to be affected as it is not an area with a high density of birds or bats, nor is it included in the migratory routes. The implementation area is mostly eucalyptus and scrubland, so that once the works are completed, the areas affected during the construction phase will be easily revegetated. Finally, with respect to cultural heritage, a package of preventive and corrective measures has been established to avoid any type of impact on the existing assets in the area. These measures include the delimitation of the sites (integral protection areas and precautionary areas) in the construction site mapping. Likewise, existing roads will be used to avoid impacts, in addition to the on-site archaeological control of all work actions, whether they are clearing, conditioning or any earth movement, to be carried out within the areas of caution.... Read more...
• • 

    GREENALIA GROWS IN US WITH THREE NEW SOLAR DEVELOPMENTS, TOTALLING 502 MW28/11/22With this new operation, the company continues to advance its presence and technological diversification in the American market Greenalia has acquired 3 utility scale solar farms totaling 502 MWp in Ercot, Texas. The projects are Donegal Solar (265 MWp, Dickens County, TX), Leitrim Solar (119 MWp, Hill County, TX) and Roscommon Solar (118 MWp, Lamar County, TX). All of them are at an advanced stage of development with a planned COD date in early 2025. “We are delighted to acquire these high-quality solar projects. This acquisition is an important step in consolidating our strategic plan, which has the United States as a key focus”, said Greenalia CEO Manuel Garcia Greenalia, which started its activity in the US two years ago, acquired in 2021 a renewable energy company with a portfolio of 695MWp of ready-to-build (RTB) solar PV, plus 385MW of battery storage. To this portfolio were added this year 4 new solar installations Wensowitch, Ratcliff, Reis and Wittig, totaling 451MW. Therefore, with the recent acquisition, Greenalia’s solar pipeline in the US now totals almost 1.7 GW.... Read more...
• • 

    GREENALIA ADVANCES 15 MW LAMAS II WIND FARM TO PUBLIC EXHIBITION PHASE IN SPAIN23/11/22The Wind Farm, with over 11.5 million euros investment, will have three wind turbines and be located in Calvos de Randín municipality With an estimated annual production of 47,334 MWH – the equivalent of the consumption of 11,000 families – it will avoid over 15,000 tons of CO2 emissions into the atmosphere Greenalia advances in the development of its pipeline in Spain with the processing of a new Wind Farm (WF), Lamas II, consisting of three wind turbines, totaling 15 MW and 11.5 million euros of investment. This facility, integrated in the region’s Sectorial Plan, includes areas of Calvos de Randín municipality (Ourense) – where the machines will be installed – and several areas of Os Blancos and Baltar (Ourense). With a production of 47,334 MWH/year, it will avoid 15,513 tons of CO2 emissions into the atmosphere and supply green energy equivalent to the consumption of 11,000 families. The project being submitted today for public information will have three 5 MW wind turbines, with a hub height of 127.5 meters and a rotor diameter of 145 meters. The documentation holds the corresponding Environmental Impact Assessment (EIA), which concludes that the WF is compatible with the environment. As can be seen from the reports, it will not affect areas protected by the Galician Network of Protected Spaces and the Natura 2000 Network, nor the Expansion Proposal, and it is located outside the IBAs. In terms of birdlife, an annual pre-operational study has been carried out, which concludes that the study area is of no special ornithological interest, while at the same time ruling out the existence of a specific migratory corridor, so that no effects on birds are foreseen. Regarding the habitat, all the areas affected during the construction process will be revegetated, so that they will be recovered, and species will be planted as the works are completed. Finally, as reflected in the archaeological report, monitoring measures and a precautionary area have been established for the only element inventoried in the area, Fonte da Cunca, whose potential impact is minimal, considering the protection instruments established in the construction plans.... Read more...
• • 

    SEVEN OF GREENALIA’S WIND FARMS THAT WILL SUPPLY SPANISH ELECTRO INTENSIVE INDUSTRY OBTAIN THE ‘ACCELERATED PERMITTING EXCEPTION’20/11/22The projects have been considered strategic because of their backbone relevance in the territory and their social and economic impact. Totalling 525 MW these projects are part of the agreements reached with the Alcoa and Showa Denko corporations. A total of 7 wind farms planned by Greenalia in the autonomous community of Galicia have obtained the so-called “exceptionality” established in Law 9/2021, thanks to which it will be possible to accelerate their permitting. This qualification is established after ratifying the social, territorial, and economic benefits and backbone relevance of the projects for the Galician Community. All the Wind Farms (WF) processed through the Ministry of Ecological Transition of the Spanish Government need reports from the Galician Administration, so this qualification is key to move forward in a fast track in the development of these projects. All of them will be supplying green energy at a stable price to the electro-intensive industry in this community. Specifically, five of these facilities – planned in the province of Lugo – are part of the agreement signed between Greenalia and Alcoa for the renewable energy supply to its plant in San Cibrao (Lugo). Thus, the Wind Farms to be developed under the umbrella of this administrative figure are Borrasca, Boura, Levante, Monzón and Ventisca, with a total capacity of 403 MW and a forecast investment of over 350 million euros. More in detail, the Boura WF will have an installed capacity of 72.8 MW. It contemplates 13 wind turbines, 105 meters high and 150 meters rotor, between Abadín and A Pastoriza (Lugo). Ventisca, with 89.6 MW, foresees 16 machines of the same characteristics to be in Pol. Monzón, with 50.4 MW of nominal power, will be made up of 9 wind turbines distributed between A Pastoriza and Meira (Lugo). In the Mariña Lucense Borrasca WF is located, with a foreseen power of 84 MW and the installation of 15 wind turbines of 105 meters high and 150 rotor diameters in lands of the municipalities of Foz, Lourenzá and Mondoñedo (Lugo). Finally, the most powerful will be Levante, with 106.4 MW, which foresees the installation of 19 wind turbines in the municipalities of As Nogais, Becerreá and Triacastela (Lugo). These installations will be joined by another 24 smaller ones to reach 924 MW of installed power, which will meet 45% of the energy needs of Alcoa’s Plant in Lugo. Support for the competitiveness of industries In addition to the agreement with Alcoa, an agreement has been reached with the Japanese multinational Showa Denko for its facilities in A Coruña. With the agreement signed between Greenalia and the Japanese company, the renewable energy producer will supply part of the energy produced in the Wind Farms Orzar and Tornado, developments planned in the municipalities of Carballo, Val do Dubra, Tordoia and Trazo (province of A Coruña) and with a capacity of 123.2 MW. Both wind farms, with an investment of more than 100 million euros, are currently being processed and have also been classified as exceptional. As regards technical characteristics, the Orzar WF (56 MW) foresees the installation of 10 wind turbines with a unit power of 5.6 MW, 105 meters hub height and 150 meters rotor diameter. The Tornado WF (67.2 MW) will consist of 12 machines with a hub height of 105 m and a rotor diameter of 150 m and a unit power of 5.6 MW.... Read more...

More News