- All agenda items have been approved during the meeting, including the 2025 annual accounts and the capital increase associated with the transaction.
- Greening aims to become one of the key players in the consolidation of the energy sector.
- The company is entering a new phase following the appointment of a new CEO and CFO, who have launched a new Strategic Plan.
Madrid, June 29, 2026.
Greening held its General Shareholders’ Meeting today, during which shareholders supported the submission of a public takeover offer (OPA) for Energy Solar Tech. The company aims to become one of the leading players in the consolidation of the energy sector.
The incorporation of this industrial and technological platform will allow Greening to add operating renewable energy assets with recurring cash generation capacity, strengthening the Group’s financial visibility and complementing the growth of its business with a more stable revenue base.
During the meeting held in Granada, shareholders approved all agenda items, including the annual accounts, the appointment of Pablo Otín as Executive Director and his formal entry into the Board of Directors, as well as the approval of the 2025 financial statements.
Greening’s CEO, Pablo Otín, reviewed a key year for the company’s growth and highlighted the focus for 2026: “We are building a company focused on value creation, profitability and the customer. Our goal is to play a leading role in the consolidation of the energy sector, and with the New Greening we will develop the capabilities required to achieve this ambition”.
The company enters a new pase
A few months ago, Greening announced a new roadmap aimed at becoming a leading industrial energy supplier, transforming its business model into an integrated energy platform with more recurring revenues, greater cash flow visibility and a solid structure for sustainable growth.
This new transformation phase began with the appointment of Pablo Otín as the company’s new CEO and Felipe García Agustín as CFO. As part of its 2026-2030 Strategic Plan, which identifies Spain and Italy as priority markets, the company has carried out several corporate actions to optimise its business, including the divestment of its US industrial solar asset portfolio and a €30 million capital increase.
Through this roadmap, Greening expects to reach 346 MW by 2030, supported by the progressive addition of new capacity and a business model focused on generating more recurring revenues and greater cash flow visibility.
By 2030, the New Greening expects to achieve pro forma revenues above €139 million and a pro forma EBITDA of €35 million, reflecting a more recurring, predictable and cash-generative business model. The completion of the M&A transactions included in the Strategic Plan will act as a catalyst, potentially accelerating the achievement of the company’s objectives for the period.
Read more at Europa Press.