PRESENTATION ACCESS AND REGISTRATION FY20 FINANCIAL RESULTS DOWNLOAD PDF 2019 SUSTAINABILITY REPORT BUSINESS PLAN WATCH THE VIDEO 2019-2023 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 TO PARTNER WITH THE A CORUÑA BASKETBALL CLUB AS PART OF ITS SCHOLARSHIP PROGRAM FOR YOUNG PEOPLE AT RISK OF SOCIAL EXCLUSION30/03/21The renewable-energy production company has signed an agreement with the sports club, through which it will cover the costs of sports training for twenty at-risk young people. This initiative comes as part of the company’s CSR policy, through which it has partnered with various programs providing socio-educational support to young people in the regions in which it operates or plans to launch projects. The Greenalia company will join forces with the Básquet Coruña basketball club as part of its social-action plan, for which the company will provide twenty training scholarships aimed at young people at risk of social exclusion. Through this initiative, the renewable-energy producer will pay this A Coruña club the training costs (enrolment, equipment and fees) for this student. With this grant, as established in the agreement, Greenalia hopes to do its part to support socio-educational and integration plans for at-risk families. As such, the company continues to support initiatives as part of its annual CSR plan, through which the company supports the development of inclusive actions in the environments in which it operates. The director of corporate development and sustainability, Beatriz Mato, highlights the role of sport in efforts to ensure social integration “through the values of effort, companionship and teamwork it conveys and which are so vital for people’s daily lives”. Greenalia continues to offer its firm support dedicated to struggling families, particularly during the economic crisis caused by the pandemic. This school year, more than 600 grants have been awarded for school supplies to support families in difficulty – a program carried out in partnership with the municipalities in which Greenalia has launched projects. As part of the CSR plan, the company has also partnered with Cáritas for the collection of toys for its Christmas campaign and in its Educa program, to which nine laptops were donated. Now, the company wants to go further, providing access to sport for young people in difficulty. For their part, Básquet Coruña has thanked Greenalia for its work and strong values in taking over the baton from the Emalcsa Foundation, with a contribution that will “allow Básquet Coruña to continue in this important social-integration work launched three years ago, through which boys and girls at risk of social exclusion may continue to practice their favorite sport, for free”. 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 (558 licenses registered in the Galician Basketball Federation, with 41 teams, and 224 children practicing the sport through seven basketball schools in the 2019-2020 season). Throughout each season, the club carries out a wide range of initiatives to promote basketball, involving more than 2,000 young people. ... Read more...THE BOND OF 55 MILLION EUROS ISSUED BY GREENALIA OBTAINS THE MAXIMUM RATING FROM STANDARD & POOR’S IN ITS GREEN EVALUATION29/01/21Last December the company successfully completed a five-year senior bond issuance intended to bolster its investment plan. Greenalia has just obtained 135 MW of wind power capacity from the renewable energy auction held this week by the Spanish Ministry for Ecological Transition. The 55 million euros bond issued last December by Greenalia in MARF (Spanish Alternative Bond Market) has obtained a B1 rating from the S&P Green Evaluation, the highest of the four possible levels, with E4 being the lowest. The rating was achieved after the operation was evaluated over three key areas: transparency, governance and mitigation. The rating agency’s evaluation report confirmed that their weighted sum gave a result of 76 points. It should be noted that the issuance of 55 million euros of senior bonds on the MARF last December was completed successfully. The nominal unit amount for each bond, intended for qualified investors, was 100,000 euros, with a maturity date of 5 years and a coupon of 4.95%. The issuance was able to achieve its initial objective with support from institutional investors and the company’s two main shareholders (Manuel García and Jose María Castellano). This is the 4th green bond issued by the Company: the first was issued in Spain and the other three in Luxembourg. Greenalia continues to consolidate itself as a benchmark company for these types of issuances and secures its position as a leading SME in these types of operations. The funds obtained through this operation, which just achieved the highest green bond rating from Standard & Poor’s, will be used to cancel the three existing bonds on the Luxembourg Stock Exchange (MTF) and other loans, in addition to continuing development of the company’s portfolio of renewable energy projects.... Read more...GREENALIA CLOSED 2020 REINFORCING ITS SUSTAINABILITY AREA AND ITS ESG POLICIES29/12/20The producer of renewable energy launched a specific department for these areas and social actions were promoted in the municipalities where projects are being undertaken. In 2020, the company began the implementation of its First Diversity, Equality, and Inclusion Plan which includes more than 20 goals to advance equal opportunities. Currently, it is working on the Second Sustainability Report and the revision of the Strategic Sustainability Plan to adapt it to the new SDGs. The promotion of sustainability in the ESG (Environment, Social, and Corporate Governance) framework has been one of the axes around which the work of the new Sustainability Department at Greenalia has revolved. An area created during 2020 with the objective of sustainability and CSR being present in a cross-cutting way in all the projects developed by the company and to continue the path taken in previous years in which the Strategic Sustainability Plan was developed, which has been the company’s road map in this area. The producer of renewable energies has placed special emphasis on the promotion of social support programs in those regions where it is undertaking business projects. Thus, considering the difficulties brought on by COVID-19, agreements were launched with five Galician municipalities (4 on the Costa da Morte and one in Lugo) to support families in the return to school during the 2020/21 school year. To this end, agreements were signed with local governments through which financial aid was established for the purchase of school supplies that benefited 500 families with minors. In educational matters, there was also the agreement signed with Cáritas Coruña last November which governed the donation of laptops for the FamiliaEduca program managed by said NGO. These initiatives have served as a preamble to what will be the Greenalia Foundation for Energy Transition, an entity which is in the process of being established. With its startup, Greenalia will undertake social, inclusion, and equality projects in the environments where it works. In addition, with the aim of continuing to advance Corporate Governance Policies, a compliance action plan is being worked on in line with ESG standards and with the aim of incorporating the best practices of the market for the entire team. Internally, talent management and cybersecurity actions have been strengthened. In terms of the environmental aspect, we continue to calculate our carbon footprint to become a carbon neutral company once again. In addition, we have adhered to FSC International, thus strengthening our commitment and maintaining our Fair Wood certification. 2020-2023 Strategic Equality, Diversity, and Inclusion Plan 2020 was the year in which Greenalia’s first Equality, Diversity & Inclusion (2020-2023) was approved – a plan with which the equality of opportunities between women and men will be promoted and guaranteed. For its development and follow-up, an Equality Commission was created – a body designed to ensure compliance with the more than 20 objectives set out in the document approved this second half of the year. Attached to this plan, the protocol for the prevention and treatment of sexual and gender-based harassment in the workplace has been approved.... Read more...GREENALIA CELEBRATES GLOBAL VOLUNTEERING DAY & DONATES PRESENTS TO SUPPORT CARITAS NGO IN ITS YEARLY THREE-WISE-MEN CAMPAIGN05/12/20Greenalia’s staff participates in the NGOs donations and packaging of toys campaign that will deliver toys for families the night before the three-wise-men holiday Greenalia’s Teams celebrates World Volunteering Day gathering presents and volunteering time to package and deliver them for families in need in these challenging times in support of Caritas Coruña Three-Wise-Men yearly Campaign. During the past month, Greenalia’s Headquarter Offices hosted a present delivery spot for gifts and toys to be donated by the people of Greenalia. Apart from this the team will volunteer time to support the package and delivery campaign that the NGO will organize come year end. In this way, Greenalia lends a hand in this final sprint for an unusual and complex Christmas. This initiative falls within the Company’s CSR Strategy and it is the second one focused in aiding families in need the company has effectively executed in a joint effort with Caritas Coruña. The first one was the support given to the Educa Program via a laptop donation initiative to support this program that aims to aid the more vulnerable youth socially and educationally in a specially challenging year marked by the current pandemic. Supporting families, with a special focus on the most vulnerable ones has been a strong highlight of the company’s CSR actions during 2020. Earlier this year the company also supported 5 key municipalities where the company has developed and is developing renewable assets in their back to school support programs. Thanks to the signing of these collaboration agreement with the incumbent municipalities Greenalia was able to donate schooling materials and economic aid to over 5,000 students and their families.... Read more...GREENALIA TEAMS UP WITH THE RED CROSS FOR THE CONFERENCE “RENEWABLE ENERGY: AN EMPLOYMENT OPPORTUNITY”20/11/20Greenalia is working together with the Red Cross on its program “The Red Cross Responds: Live Towards Employment” (“Cruz Roja Responde. Directos hacia el Empleo” in Spanish) a series of online conferences where each week the NGO tackles a different subject related to tools and strategies for employment. To achieve this objective, they work with different professional sectors and they tune in to demands from the employment market. Within this program Greenalia organized a webinar today on “Renewable energies: an employment opportunity”, where we hoped to demonstrate to participants of the Red Cross program the opportunities that the renewable energy sector could offer over the coming years, where there will be a key focus on energy transition and the decarbonization process. This webinar outlined the opportunities provided by the development of renewable energies and the creation of green employment within the framework of the European Green Deal, which includes the objective of making the EU climate neutral by 2050. To achieve this, a roadmap has been established involving actions to promote the efficient use of resources by moving towards a clean and circular economy, to restore biodiversity and reduce pollution. Within this framework, it should be noted that Greenalia currently works with four types of technology—biomass, onshore wind farms, offshore wind farms and photovoltaics—with a strategic growth plan for each of them. Also very important the investment in digitalization and the use of technology to create a more sustainable and impactful business model. Events like the one being held today form part of the company’s CSR policy, making their social responsibility more transversal and more prominent in every area of the company.... Read more... More News CORPORATIVE Lastest News 2020PENAS BOAS WIND FARM WILL HAVE A 16.8 MW CAPACITY AND WILL PRODUCE MORE THAN 60,000 MWh, ENOUGH ENERGY TO SUPPLY 17,000 HOMES ON AVERAGE13/04/21This installation located between the municipalities of Aranga and Oza-Cesuras will contain four wind turbines and will be built with an expected investment of 14 million euros. Its construction and operation will create 170 jobs for the local area and will contribute more than 400,000 euros to the municipality through taxes and fees. Greenalia, based in A Coruña, will be developing 16.8 MW Penas Boas wind farm between Aranga and Oza-Cesuras Municipalities, areas that are included within the Galician Sectorial wind farm plan. Its development is part of the 135 MW awarded to Greenalia in the renewable energy auction held by the Ministry of Ecological Transition in January this year. The public announcement will be made tomorrow after its publication in the Official Gazette of Galicia today. The Wind Farm will be made up of 4 wind turbines with a hub height of 123 meters and a rotor diameter of 150 meters and will produce 60,267 MWh each year, enough energy to supply 17,000 homes on average. The facilities implementation project is expected to take five months and will create more than 170 jobs. The budget for the park is 14 million euros and its construction will add more than 400,000 euros to the municipality through taxes and fees. On top of this, the company will also generate 64,000 euros every year for the land owners as a lease, a total of almost 2 million euros for the duration of the project. Penas Boas Wind Farm will be located outside of the Galician Network of Protected Spaces and the Natura 2000 Network, including the area contained within the latter’s Extension Proposal. The development area does not include any IBAs (Important Bird Areas), any priority areas for reproduction, feeding, dispersal or local concentration of birds, nor any core areas of the Mariñas Coruñesas e Terras do Mandeo Biosphere Reserve. It should also be highlighted that no part of the wind farm encroaches on any of the areas included in the Galician catalogue of wetlands and there are also no specimens from the Galician Catalogue of Unique Trees within the farm development area, with the closest being located quite a distance away. The presence of the Penas Boas Wind Farm is deemed to be compatible with the criteria established in the Landscape Catalogue of Galicia, since the turbines will not be visible from one of the two routes included in the catalogue, which are located less than 15 km from the farm. Furthermore, an environmental impact study carried out for the project demonstrates that there will be no negative effect on habitats during the operating phase of the project, in fact it will actually involve habitat restoration. Work will be carried out to manage plant biomass within a radius of 100 meters around the wind turbines, which will encourage recolonization, restoration and preservation of the local heaths, which have become degraded and disrupted under the tree plantations. Finally, as established in the archaeology and cultural heritage report, corrective measures have been established to guarantee suitable protection and preservation of all elements recognized as artistic heritage. In any case, it is important to remember that the project is still in the initial application phase, so it will continue to be adapted according to any environmental and heritage recommendations that may come from the various administrations in their respective reports, to ensure that the farm is developed properly and with the utmost respect for the environment.... Read more...OUROL WIND FARM WILL PRODUCE OVER 65,000 MWh YEARLY, EQUAL TO THE ANNUAL ENERGY CONSUMPTION OF 20,000 HOMES10/03/21This is Greenalia’s second park in operation and the company already building another three in Costa da Morte that will add another 28 MW. Ourol’s construction and commissioning phases have mobilized 230 jobs and have generated an economic impact for the municipality of more than 800,000 euros in ICIO construction tax and other fees. Ourol (Lugo) wind farm will produce over 65,000 MWh over the course of this year and will also have a positive effect on the environment, as the renewable energy it produces will avoid the generation of 24,150 tCO2 per year – the equivalent of that produced by 16,300 cars over the course of an entire year. The annual production of this park would be capable of supplying 20,000 homes. The wind farm, which started operating at the beginning of the year, is composed of a total of five 4.5 MW machines, representing an output of 22.5 MW, with a hub height of 109 m and a rotor diameter of 136 m. The investment in the project added-up to 26 million euros and mobilized 230 jobs. This project has also provided the municipal council with sizeable economic benefits in the form of fees and taxes such as the ICIO construction tax – bringing in more than 800,000 euros for Ourol. Greenalia’s strengthens its commitment to renewable energy in Galicia and is currently making progress in the construction of three new wind farms in the Costa da Morte: Alto de Croa, Alto de Croa II and Monte Tourado, with the three wind farms producing a total of 28 MW after their completion in the second half of the year. An additional 270 MW of wind farms is to be developed in the coming years. As such, during 2021, the company will begin the construction of the wind farms pending development included in its Eolo I plan, which will amount to a total of 135 MW and for which funding has already been agreed. To this, they add a further 135 MW awarded in January in the Ministry of Ecological Transition’s renewables auction. In total, 270 MW will be progressively implemented from 2022 onwards. ... Read more...GREENALIA WILL DEVELOP 45 MW PENA OMBRA WIND FARM09/03/21The project involves the towns of Curtis, Guitiriz and Sobrados dos Monxes and plans to install 10 wind turbines, which will produce more than 146,000 MWh/year. With a 34 million euros investment the project will generate 450 new jobs in construction and maintenance stages. This infrastructure is part of the 135 MW won by Greenalia in the renewables auction last January. Greenalia will develop 45 MW Pena Ombra wind farm, a project that plans to install 10 wind turbines in the towns of Curtis, Guitiriz and Sobrado dos Monxes, as reflected in the project in its public exhibition phase, after being published today in Galicia’s Official Gazette. The wind farm will produce 146,178 MWh/year, which will prevent the emission of 12,571 petrol tons per year. In terms of the technical characteristics, the machines will have a hub height of 111 m and a rotor diameter of 136 m. The development of this wind farm is part of the 135 MW awarded to Greenalia in the renewable energy auction held by the Ministry of Ecological Transition in January this year. The presented project includes a environmental, bird life and local heritage studies. It has been concluded that it is compatible with the local environment. In terms of the bird life study, there was no evidence found that the area presents any special interest from an ornithological perspective, and there is no specific migration corridor or any other situation that could lead to groups of birds being harmed by the installation of wind turbines. The archaeological study shows that the park will not have any detrimental effect on any catalogued archaeological or ethnographic sites of interest. The construction and launch of this park will create 450 jobs and involves an investment of 34 million euros, an economic impact that is augmented even further by the boost to the three town councils’ coffers through various taxes, including ICIO construction taxes, which will amount to over 850,000 euros in total. Implementation of 270 MW in the coming years With the processing of this wind farm, Greenalia will continue to advance in the development of wind power in our community, with 46.5 MW of wind turbines currently in operation — in addition to 50 MW from the biomass plant in Curtis — and a further 27.7 MW in construction, providing a total of 74 MW, to which another 270 MW will be added over the coming years. Over the course of 2021, the company will begin the construction of the wind farms pending development included in its Eolo I plan, which will amount to a total of 135 MW and for which funding has already been agreed. To this we add a further 135 MW awarded in January in the Ministry of Ecological Transition’s renewables auction. In total, 270 MW will be progressively implemented from 2022 onwards.... Read more...GREENALIA’S 13.5 MW RODICIO II WIND FARM TO BE DEVELOPED BETWEEN MACEDA & MONTEDERRAMO26/02/21The project, made public today, together with its environmental impact study, includes – among other information – archeological and noise reports, along with a preliminary report on birds in the area. The Wind Farm will have three wind turbines, an investment of over 10 million euros and will mobilize 130 jobs. Greenalia, based in A Coruña, will develop 13.5 MW Rodicio II Wind Farm, which foresees the installation of three wind turbines distributed between the Ourense municipalities of Maceda and Montederramo. The machines will have a hub height of 107.5 m and rotor diameter of 145 m, producing 41.308 MWh/year. The project has three primary objectives for the company: protecting the environment, wind-power development in areas with top wind resource, and a business strategy focus. Its design has been completed in three phases: first an environmental analysis aiming to determine areas with restrictions, then a technical study for the project’s development, and finally a verification of the possible environmental impacts. Through the various studies, the farm was designed by selecting the option presenting the lowest environmental impact, primarily regarding vegetation, landscape, and cultural and touristic heritage. As such, the environmental report concluded the wind farm’s compatibility with the values of its surroundings. There will be no impact with regard to heritage, as there are no elements of culture or heritage within the scope of the wind farm. A pre-operational study is being prepared for a full annual cycle regarding birds and bats in the area, which will be attached to the study after its completion. Once the overall results have been obtained, any new additional measures in this regard will be detailed, if necessary. Likewise, a continuous monitoring plan will be established to ensure that information is kept up to date. With regard to any possible impact on the landscape, higher-powered wind turbines have been selected in order to reduce the number of machines constructed; painted in white, light grey, or similar tones; and with a semi-matt finish. The substation will be constructed according to regional traditions and in a flat area, surrounded by a screen of vegetation in order to improve its integration with the environment. New wind turbine developments in Galicia Greenalia currently has 46.5 MW of currently operating wind turbines and another 27.7 MW in construction, adding-up to a total of 74 MW – to which a further 270 MW will be added in the coming years. As such, during 2021, the company will begin the construction of the wind farms ready for development included in its Eolo I plan, which will amount to a total of 135 MW and for which funding has already been secured. To this we add a further 135 MW awarded in January in the Ministry of Ecological Transition’s renewables auction. In total, 270 MW will be progressively implemented from 2022 onwards.... Read more...GREENALIA MAKES PROGRESS WITH 25.2 MW GATO WIND FARM DEVELOPMENT IN OZA-CESURAS & ARANGA26/02/21The project, made public today, together with its environmental impact study, includes – among other information – reports on archeology, birds and bats in the area. The Wind Farm consists of six wind turbines, mobilizes 250 jobs and a 23 million euros investment. The company has proposed a plan to enhance the value of the Monte do Gato necropolis. Greenalia will develop the 25.2 MW Gato wind farm, with six wind turbines distributed between the municipalities of Oza-Cesuras and Aranga. The machines will have a hub height of 112 m and a rotor diameter of 136 m, producing 74.455 MWh/year. The development of this wind farm is part of the 135 MW awarded to Greenalia in the recent renewable energy auction held by the Ministry of Ecological Transition. The project was carried with three core objectives for the company: protecting the environment; wind-power development in areas with top resource; and its strategic component. Its design has been completed in three phases: first came an environmental analysis aiming to determine areas with restrictions, then a technical study for the project’s development, and finally a verification of the possible environmental impacts. Through the various studies, the farm was designed by selecting the option presenting the lowest environmental impact, primarily regarding vegetation, landscape, and cultural and touristic heritage, so as to ensure that all elements of the wind farm were compatible with the values of its surroundings. A special section has been dedicated to heritage, where it is specified that the location of the installation will not affect the integral protection areas for the archeological sites existing in the area. However, given that access to the wind farm will be achieved via an existing road that runs close to some Monte do Gato necropolis archeological sites, a plan to enhance the necropolis’ value has been implemented. This proposal includes the continuous cleaning of the tumuli and their access routes over time, and the implementation of new signage and signposting within the area – a series of measures that will improve the area’s state of conservation. All this will be carried out in coordination with regional heritage departments. Likewise, during construction work, strict archeological control will be implemented, ensuring that in the event that any archeological or paleontological remains are discovered, activity will be immediately suspended, and the competent authorities will be alerted. Implementation of 270 MW in the coming years With this wind farm, Greenalia will continue to advance in the development of wind power in our community – with 46.5 MW of wind turbines currently in operation and a further 27.7 MW in construction, adding-up to a total of 74 MW, to which another 270 MW will be added in the next few years. Over the course of 2021, the company will begin construction of the wind farms ready for development included in its Eolo I plan, which will amount to a total of 135 MW and for which funding has already been agreed. To this we add a further 135 MW awarded in January in the Ministry of Ecological Transition’s renewables auction. In total, 270 MW will be progressively implemented from 2022 onwards.... Read more... More News
