Greening has successfully completed the public tender offer (OPA) for 100% of Energía, Innovación y Desarrollo Fotovoltaico, S.A. (EiDF), after reaching an acceptance level of 92.10% of its share capital. This majority support confirms the strength of the project and marks the beginning of a new phase for the company.
Madrid, 20 de Febrero de 2026.
The Offer has been accepted for 60,823,772 EiDF shares, representing 92.10% of its share capital, significantly exceeding the minimum acceptance threshold set by Greening at over 40% of the voting rights, thereby confirming the clear success of the transaction. This result reflects the strong confidence of EiDF shareholders in the strategic plan proposed by Greening and in the growth potential of the combined group.
Issuance of new shares
In accordance with the agreed exchange ratio of 1 Greening share for every 3.894 EiDF shares, the company will settle the consideration through the issuance and placement of 15,619,610 new shares. The execution of the non-cash capital increase will take place in the coming days and will be duly communicated to the market.
Ignacio Salcedo, Executive Chairman of Greening, stated: “We are excited to begin this integration, which will enable us to create an international leader in renewable energy. Achieving a 92% acceptance rate demonstrates the clear and strong endorsement of the industrial project we have presented.”
A transformational transaction
The integration will create a renewable energy group of greater scale, with a differentiated value proposition based on the complementarity of both companies: EiDF’s specialization in photovoltaic and energy storage solutions in Spain, and Greening’s vertically integrated model, with international presence and activities across generation, development, construction, and renewable energy commercialization.
Through this transaction, Greening strengthens its positioning in strategic segments such as energy storage and hybridization, within a context of strong growth in demand for sustainable and flexible energy solutions.
Pablo Otín, CEO of Greening, added: “This integration will allow us to improve efficiency, strengthen our execution capabilities, and accelerate growth in energy retail, self-consumption, storage, and hybridization. We approach this new stage focused on creating sustainable value for our stakeholders.”
Read more at elEconomista.