Greening, headquartered in Granada, has given the green light during its General Shareholders' Meeting to present a takeover bid (OPA) for Energy Solar Tech. This operation is part of the company's strategy to become a key player in the consolidation of the energy sector.
The integration of Energy Solar Tech will provide Greening with renewable assets capable of generating recurring cash flow. This will enhance the group's financial visibility and complement its growth with a more stable revenue base, aligning with its transformation into an integrated energy platform.
During the meeting, held in Granada, all agenda items were approved, including the annual accounts, the appointment of Pablo Otín as executive director and his formal entry into the Board of Directors. Additionally, a capital increase of 30 million euros and the accounts for 2025 were approved.
Pablo Otín, CEO of Greening, emphasized that the company is focused on value creation, profitability, and the customer, aiming to be a protagonist in the national energy sector's consolidation. The 'New Greening' seeks to acquire the necessary capabilities to achieve this goal.
The company has outlined a new roadmap to lead industrial energy supply, with priority markets in Spain and Italy until 2030. This includes divesting solar assets in the United States and the aforementioned capital increase. Greening anticipates reaching 346 MW by 2030, with pro forma sales exceeding 139 million euros and a pro forma EBITDA of 35 million euros.
