- CEO
- Joatham Grange
- Full Time Employees
- 50
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Carrer Tuset 3, 3º Barcelona CT Spain 08006
- IPO Date
- Mar 4, 2022
- Business
- Enerside Energy, S.A. specializes in the development, construction, operation, and maintenance of renewable energy projects, with a primary focus on photovoltaic solar power. The company offers a comprehensive range of services including the design and engineering, market research, permitting, power capacity analysis, construction, and asset management of solar photovoltaic (PV) plants along with Battery Energy Storage Systems (BESS). It operates through a vertically integrated platform managing the full project lifecycle from development to operation, including agrivoltaics (Agri-PV) and energy storage solutions. Enerside serves industrial clients and develops large-scale solar projects primarily in Europe and Latin America, with significant operations in Spain, Italy, Brazil, and Chile. The company became an Independent Power Producer in 2023 with the connection of its first proprietary solar parks.
Founded in 2007 and headquartered in Barcelona, Spain, Enerside maintains a pipeline of approximately 4.8 gigawatts of Agri-PV and 13.2 gigawatt-hours of BESS projects. It employs about 70 professionals and has executed major projects valued at over €245 million. Recent major company developments include the strategic shift towards focusing on its own projects while discontinuing construction services for third parties, resulting in a 50% reduction in annualized operating expenses aiming for profitability. In 2024, Enerside strengthened its capital structure with refinancing transactions totaling €25 million, a new equity capital increase exceeding €4 million led by the Laurion Group as a key shareholder, and a successful €25 million new bank financing. It has actively pursued asset rotation through the sale of over 500 MW of solar assets in 2024, including the sale of an Agri-PV and BESS project in Italy to Chint Solar Europe. The company is advancing through regulatory phases for new projects with expectations to reach Ready to Build status by 2025.
Overall, Enerside is positioned as a full-cycle developer and operator of solar photovoltaic and energy storage projects, emphasizing sustainable energy solutions with international reach and ongoing portfolio growth through organic development and selective acquisitions in key high-growth markets.