- CEO
- Alberto García de los Ángeles
- Full Time Employees
- 28,275
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Calle Marqués de Mondéjar 33 Madrid MA Spain 28028
- IPO Date
- Oct 25, 1990
- Business
- Elecnor, S.A. (ENO.MC) operates as a leading global provider of engineering, construction, and services for infrastructure, renewable energies, and essential sectors including electricity, power generation, telecommunications, systems, facilities engineering, gas, construction, maintenance, environmental services, water treatment, railway, and aerospace. The company delivers full-service management across services such as electricity distribution and infrastructure maintenance; projects encompassing energy generation and transmission infrastructures like solar plants, wind farms, high-voltage lines, and substations; and investments through the promotion, financing, and management of energy assets. Founded in 1958 and headquartered in Madrid, Spain, Elecnor conducts operations across more than 50 countries, with significant presence in Europe (Spain, Italy, United Kingdom, Lithuania), the Americas (United States, Brazil, Chile, Mexico, Dominican Republic, Panama), Australia, Africa (Angola, Ghana), and the Middle East (Oman). It functions as a subsidiary of Cantiles XXI, S.L., and manages numerous subsidiaries including Elecnor Servicios y Proyectos, S.A.U. for engineering and projects, Elecnor Chile SA for infrastructure and renewables, and others specializing in wind energy, solar PV, aeronautical software, and waste management.
In recent developments, Elecnor sold its Enerfín renewable energy subgroup in 2024 for 1,560 million euros, marking the largest transaction in its history and yielding a gain of 805 million euros, which strengthened its balance sheet for shareholder remuneration, debt reduction, and new investments. The company signed a new syndicated loan agreement in September 2025 with a 350 million euro limit and five-year maturity to June 2030, replacing the 2014 facility and supporting its 2025-2027 Strategic Plan focused on profitable growth, sustainable investments, and people commitment; it also registered a multi-currency promissory note programme up to 400 million euros on the MARF. Additional expansions include contracts for Rail Baltica electrification in Europe, a 320 MW wind farm in Mexico operational by end-2025, the largest solar farm in New Zealand, two renewable projects in Ireland, the Azulão Complex in Brazil (390 million euro investment), a 213 million euro power transmission line in Brazil, and the NOA Stability Pathfinder in Scotland. In leadership, Alberto García de los Ángeles assumed the role of Group CEO, overseeing a new organizational structure for specialized business management. Elecnor targets utilities, governments, and industrial clients, emphasizing ESG initiatives, with 2024 net profits reaching 705.2 million euros driven by core operations and the Enerfín sale.