Search

Elecnor has ended its search for a minority partner for its renewables business, Enerfin, and will look for an investor with a controlling stake instead. Enerfin has 1,552 MW of wind and solar capacity in operation or under construction, and a pipeline worth close to 9,000 MW. The business posted a net profit of EUR 5.75 million (USD 6.2m) for the first quarter of 2023, down 55.9% on the year. Elecnor is now launching a search for a new investor to acquire a controlling stake in the business. What is Elecnor's New Investment Plan? Elecnor's new investment plan is to look for an investor to acquire a controlling stake in their renewables business, Enerfin.  Elecnor's search for a new investor comes after ending their search for a minority partner.  Elecnor's Enerfin has 1,552 MW of wind and solar capacity in operation or under construction, and a pipeline worth close to 9,000 MW.  Enerfin posted a net profit of EUR 5.75 million (USD 6.2m) for the first quarter of 2023, down 55.9% on the year.  The investment plan is an effort by Elecnor to strengthen their business and improve profitability.  The new investor is expected to help Elecnor expand their renewable energy portfolio and increase their profitability.

will target the development of solar-to-hydrogen plants, leveraging Elecnor's extensive industrial impact and also knowledge in the engineering, building

infrastructure builder Elecnor SA has agreed to sell its renewables unit Enerfin to Norwegian state-owned power company Statkraft AS. The deal puts the

job was granted to Elecnor by Latin America-focused Atlas Renewable Energy. Elecnor will act as the complete engineering, purchase and also building (EPC)

bifacial components, a novelty on the Panamanian solar market, according to Elecnor. 2 of the 4 projects have currently been settled. The rest of the jobs will

Spanish electrical contractor Elecnor, the service provider of a solar project underway in the Upper West area of Ghana, has simply provided its very first

very first 400MW phase of the solar park will certainly be set up by Elecnor's Australian subsidiary on the northern area of the site, while the initial

companion Green Light Professionals, a subsidiary of Spanish solar company Elecnor, will build 400MW of solar ability, a substation as well as a 50MW/50MWh

on trackers that rotate by 104 degrees. Spanish framework building contractor Elecnor SA (BME: ENO) was employed to build the plant. According to the Dominican

its 200MW Blyth Battery project in South Australia. The consortium comprises Elecnor, the balance of plant professional, and also NHOA, a battery storage

than morning dew—60 MW of solar glass. Spanish engineering heavyweight Elecnor has signed on China’s LONGi Green Energy to supply its latest Hi-MO 9

do Brasil, the Brazil-based renewables subsidiary of Spanish framework builder Elecnor SA (BME: ENO), to work together on a green hydrogen pilot project. On the very

per year. The project is being developed in partnership with the local company Elecnor SA and Nordic Solar’s third quarter results showed that the company has

the initial tests to export energy to the grid last April. Spanish company Elecnor was responsible for developing the plant's substation and also transmission

along with yet another consortium comprising Omani oil firm PDO and Spain's