Madrid, November 7, 2025
Greening announced today its decision to launch a public tender offer (“PTO”) for EiDF, following a rigorous strategic evaluation aimed at accelerating its growth, enhancing its operational scale, and strengthening its position in the global energy transition. The transaction will be accompanied by a capital increase of up to 30 million euros, intended to provide the combined group with a stronger financial structure and the resources needed for expansion.
The integration of both companies will bring together EiDF’s expertise in photovoltaic and battery solutions in Spain with Greening’s international presence, technological capabilities, and vertically integrated model, which encompasses renewable energy generation, development, construction, and commercialization across Europe and North America. This combination marks the starting point of a business project of greater scale and global ambition.
This strategic alliance represents an attractive value proposition for all stakeholders. EiDF shareholders will have the opportunity to join an industrial project with greater stability, financial capacity, and growth potential, supported by a clear strategy, reinforced corporate governance, and a proven operating model. For clients and suppliers, the merger will broaden the range of solutions and improve project execution capacity in the energy sector.
Ignacio Salcedo, Chairman of the Board of Greening, stated: “This transaction brings together two highly complementary companies and will create a stronger, more scalable, and competitive player, ready to face the challenges and opportunities of the sector.”
Diego Puerta, CEO of Greening, added: “We are fully confident in the success of this operation, which comes at the right time to leverage the growth of the sector and the acceleration of the energy transition, particularly in the areas of storage and hybridization. We will build a more robust company, ready to lead the national and international energy future.”
Greening will immediately begin the corresponding legal and regulatory procedures. The transaction is subject to applicable regulations and the necessary approvals, in accordance with securities market transparency standards.
Read more on elEconomista.