CABEC NOTICIAS Resultados3

GREENALIA’s OCTOBER 2021 RESULTS CONFIRM ITS GROWTH PATH

  • The renewable energy producer obtained a 72% increase in its revenue compared to the same period of the previous year, and a 268% EBITDA increase.
  • The company advances its internationalization process entering the US market, where it already holds 870 MW in renewable energy projects.

Fiscal year 21 has meant the consolidation of Greenalia’s business model and growth within the renewable energy sector.

The main milestones for the company are the internationalization process, with the entry into the USA through ready-to-build projects; the start-up of three new wind farms in Spain, specifically in Galicia, and the advances in ESG with the approval, in the last quarter of the Green Book and the Code of Conduct.

The group’s growth is reflected in the communicated figures, with a 72% increase in revenues as of 2021 compared to the same period in 2020, going from €34.1 million to €58.6 million. The increase was also reflected in EBITDA, that grew from 7 million euros to 26, that is, 268% higher than in 2020.

For the company, these results allow it to advance a year-end accounts closure above 32 million euros, thus considerably improving what was established in its Strategic Plan.

Currently, Greenalia has 124.5 MW in operation. Of these, 50.5 MW correspond to the four wind farms put into operation throughout 2021, Alto da Croa, Alto da Croa II and Monte Tourado in the province of A Coruña and Ourol in the Province of Lugo. The rest, 74 MW, are distributed in 24 MW from the Miñón Wind Farm (Vimianzo, A Coruña) and 50 MW from the Biomass Plant of Curtis-Teixeiro (A Coruña, Galicia).

The forecasts for 2022 point to the development of the second part of the Eolo project, called “Eolo I CBT”, which includes 3 new wind farms in Galicia with a total capacity of 110MW. All of them are in the final phase of processing, with DIA and administrative authorization obtained, so construction can begin over the next few months.

Advances in the USA

In the second half of 2021, there were important advances in the internationalization of the company, through the subsidiary Greenalia Solar Power US, INC that acquired in July two ready-to-build projects (695 MWp solar photovoltaic and 170 MW of storage). This opportunity meant advancing the jump to the USA, thus opening a new market for the achievement of objectives and incorporating a new technology to the pipeline. In addition to this acquisition, the group foresees the start of the processing of new projects in the American country, which allows it to be present with two currencies and thus be better prepared for possible ups and downs in the markets.

You are about to access our Ethics & Compliance Channel. Read this information before you proceed.

The person responsible for data treatment is Greenalia, S.A and the purpose of said treatment is to comply with the legal and internal obligations provided for in our regulatory compliance codes. The legitimation of the treatment is the fulfillment of a mission of public interest (Organic Law 1/2015) and the consent of the interested party. The conservation of the data provided in this Channel will be carried out in accordance with the legally established deadlines (and in any case never exceeding 3 months). For the execution of the service, the data provided in the channel will be managed by Marca Franca, SL, who guarantees and ensures the confidentiality, integrity and security of the channel, as well as is in charge of carrying out the appropriate anonymization tasks before transferring to those responsible for the Greenalia regulatory compliance bodies for their management and processing and, where appropriate, the adoption of the disciplinary and legal measures that may be appropriate.

The interested party and user of this channel may exercise their rights against the person in charge as stated in the additional information of the data protection policy or in the email lopd@greenalia.es . You can also contact the person in charge of the treatment Marca Franca, S.L for these purposes.

By using this channel, the user and interested party acknowledge that they are over 14 years old and that they have read and accept the treatment of the data provided in the indicated terms.

In case of providing data on behalf of a third party under 14 years of age or with legal incapacity, the user or interested party acknowledges and guarantees by means of a responsible declaration when using the channel that they have the necessary representation to carry it out (parental authority, guardianship or legal representation) and that it may justify it if required by Greenalia to legitimize its action.

ACCEPT

Va a acceder a nuestro canal de comunicación. Lea esta información antes de realizar cualquier comunicación.

El responsable del tratamiento de los datos aportados y facilitados es Greenalia, S.A y la finalidad de dicho tratamiento es el cumplimiento de obligaciones legales e internas previstas en nuestros códigos de cumplimiento normativo. La legitimación del tratamiento es el cumplimiento de una misión de interés público (Ley Orgánica 1/2015) y el consentimiento del interesado. La conservación de los datos facilitados en este canal se llevará a cabo de acuerdo con los plazos establecidos legalmente (y en cualquier caso nunca superior a 3 meses). Para la ejecución del servicio los datos facilitados en el canal serán gestionados por Marca Franca, S.L, quien garantiza y asegura la confidencialidad, integridad y seguridad del canal, así como se encarga de llevar a cabo las labores de anonimización oportunas antes de dar traslado a los responsables de los órganos de cumplimiento normativo de Greenalia para su gestión y tramitación y en su caso la adopción de las medidas disciplinarias y legales que procedan en su caso.

El interesado y usuario de este canal podrá ejercer sus derechos frente al responsable según consta en la información adicional de la política de protección de datos o en el correo lopd@greenalia.es. Igualmente podrá dirigirse al encargado del tratamiento Marca Franca, S.L a estos efectos.

Al usar este canal el usuario e interesado reconoce que es mayor de 14 años y que ha leído y acepta el tratamiento de los datos facilitados en los términos señalados.

En caso de facilitar datos en nombre de un tercero menor de 14 años o con incapacidad jurídica, el usuario o interesado reconoce y garantiza mediante declaración responsable al hacer uso del canal que dispone de la representación necesaria para llevarlo a cabo (patria potestad, tutela o representación legal) y que podrá justificarla en caso de ser requerido por Greenalia para legitimar su actuación.

ACEPTAR