When was Grenergy founded?

Grenergy was founded in 2007 and raised its 1st funding round 12 years after it was founded.

Where is Grenergy located?

Grenergy is headquartered in Madrid, Spain. It is registered at RONDO IGNACEGO DASZYŃSKIEGO 2B 00-843 WARSZAWA POLSKA.

Who is the current CEO of Grenergy?

David Ruiz De Andres of Grenergy. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Grenergy have?

As of Mar 31, 2026, the latest employee count at Grenergy is 700.

Is Grenergy a funded company?

Grenergy is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Jun 13, 2019.

When was the latest funding round of Grenergy?

Grenergy's latest funding was a $***** Conventional Debt round on Jun 13, 2019, with participation from 3 investors.

Where does Grenergy rank among its competitors?

Grenergy ranks 8th amongst 96 active competitors, of which 2 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was ACCIONA, which secured $303M in Feb, 2024.

Who are the top competitors of Grenergy?

Grenergy's top competitors include ACCIONA, Fotowatio Renewable Ventures and Isolux Corsan. Among them, ACCIONA secured the most recent funding round in February, 2024.

Grenergy - 2026 Company Profile, Team, Funding & Competitors

Company Details

Grenergy Renovables designs, executes, develops and operates large scale PV energy systems, both on land and roof. Since 2007, the company has developed and executed projects in Spain and Chile with an aggregate capacity of 100MW and operates 20MW of it. In 2011 the company constructed solar plants in Murcia and Avila of 2MW each and manages it on IPP (Independent Power Producer) model.

Website: grenergy.eu
Social
Email ID: *****@grenergy.eu
Registered Address: RONDO IGNACEGO DASZYŃSKIEGO 2B 00-843 WARSZAWA POLSKA

Key Metrics

Founded Year

2007

Location

Madrid, Spain

Stage

Public

Latest Funding Round

Conventional Debt, Jun 13, 2019, $*****

Investors

Official Credit Institute & 3 more

Ranked

8^th among 96 active competitors

Employee Count

700 as on Mar 31, 2026

Investment & Acquisitions

Sofos Harbert

Similar Companies

Rays Power Infra & 2565 more

Exit Details

Public

View Grenergy's full profile

Grenergy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GRENERGY POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ CIN: 0000932039 , Poland, Active	Nov 10, 2021	-	-

Grenergy got listed on Jul 10, 2015.

Click here to take a look at Grenergy's IPO in detail

Grenergy has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Jun 13, 2019 for $*****. 3 investors participated in its latest round. Grenergy has 4 institutional investors.

Here is the list of recent funding rounds of Grenergy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 13, 2019	8427588	Conventional Debt	8952187	5126066	3612554	1917315

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View details of Grenergy's funding rounds and investors

The founders of Grenergy is David Ruiz De Andres.

Here are the details of Grenergy's key team members:

David Ruiz De Andres: Founder & CEO of Grenergy and founder of 1 other company. They are also an angel investor in 1 startup.

View details of Grenergy's Founder profiles and Board Members

Grenergy's employee count trend

Grenergy has 700 employees as of Mar 26. Here is Grenergy's employee count trend over the years:

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Top competitors of Grenergy include ACCIONA, Fotowatio Renewable Ventures and Isolux Corsan. Here is the list of Top 10 competitors of Grenergy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACCIONA 1931, Madrid (Spain), Acquired	Developer and manager of sustainable infrastructure solutions, especially in renewable energy	-	Banco Sabadell, Grupo Penta Eventos Y Stands ... & 4 others	72/100
2nd	Fotowatio Renewable Ventures 2006, Madrid (Spain), Acquired	Developer of utility scale renewable energy solutions	-	Denham Capital, ING & 7 others	64/100
3rd	Isolux Corsan 1928, Madrid (Spain), Acquired	EPC services provider	-	Spectra Investments, Corpfin Capital	54/100
4th	opde nergy 2005, Fustinana (Spain), Public	Developer of renewable energy projects	-	EIG Global Energy Partners, Sumitomo Mitsui Banking Corporation ... & 1 others	52/100
5th	Global Power Generation 2014, Madrid (Spain), Unfunded	Developer and manager of global electric power generation assets	-	-	51/100
6th	Enerside 2007, Barcelona (Spain), Public	Solar PV and Wind project Developer	-	Inveready	49/100
7th	Esteyco 1970, Madrid (Spain), Funding Raised	Developer of infrastructure, wind parks, and solar power plants	-	EIC Fund, Europa	49/100
8th	Grenergy 2007, Madrid (Spain), Public	Developer of large scale PV energy systems and solar energy projects	-	Official Credit Institute, CAF & 2 others	52/100
9th	X-Elio 2005, Madrid (Spain), Acquired	Offers turnkey project development solutions	-	-	49/100
10th	Gransolar Group 2004, Alcobendas (Spain), Late Stage	Turnkey project developers	-	Diana Capital, Axis	47/100