The company reports consolidated revenues of €80.9 million and an EBITDA of €7.6 million in the first half of 2025, increases of 32% and 43% respectively compared to the same period in 2024.
Net profit reached €0.9 million, confirming the solid recovery in profitability and the effectiveness of its global growth plan.
Granada, October 31, 2025.
Greening Group Global, S.A., a global and diversified renewable energy company, has closed the first half of 2025 with excellent results that reflect the strengthening of its business model and the effectiveness of its operational efficiency and international expansion strategy.
Consolidated revenues reached €80.9 million, representing a 32% increase over the same period last year, while EBITDA rose to €7.6 million, 43% higher than in the first half of 2024. Net profit amounted to €0.92 million, consolidating the return to profitability.
Solid growth and improved financial structure
During the period, Greening strengthened its financial position and cash generation capacity, with a positive working capital of €15 million, thanks to the issuance of green bonds and the formalization of project finance agreements for its utility-scale asset portfolio in Spain.
These measures, together with selective asset rotation and more efficient working capital management, have helped ease liquidity pressures, strengthen the balance sheet, and improve operating profitability.
Consolidation of the IPP model and progress in energy storage
Greening continues its transformation into a multitechnology IPP (Independent Power Producer), with a global pipeline of 9 GW under development, of which 91 MW are already operational or near completion, and 164 MW are in various stages of construction.
The Group continues its international consolidation as a platform for photovoltaic and energy storage projects, reinforcing its flexible and sustainable generation capacity. The batteries and storage business has experienced significant growth in 2025, with 1,290 MW in different development stages, consolidating Greening’s position in this key technology for the energy transition.
Meanwhile, Greening Solutions maintains a project backlog of €198 million, diversified across the Group’s five main markets (Spain, Italy, the U.S., Mexico, and Germany), while Greening Energy supplied an annualized 152 GWh of electricity to more than 6,000 customers, reinforcing its recurring contribution to the Group’s revenue.
New strategic alliances and international expansion
Throughout 2025, Greening Group has strengthened its global positioning through key strategic alliances that reinforce its business model and expand its international presence:
- Alliance with Atlantica Sustainable Infrastructure in the United States for the joint development of renewable energy projects totaling approximately 2 GW, consolidating the Group’s position in one of its priority and most competitive markets.
- Alliance with Tradebe Environmental Services, which joins the capital of Greening Relive, S.L. with a 50% stake and an investment of €2.2 million, to develop a pioneering photovoltaic panel recycling plant in Granada capable of recovering up to 99% of materials without water consumption or waste generation.
- Biomethane alliance in Spain: In 2025, the company formalized a strategic collaboration with Atlantica Energía Sostenible España and Edison Next for the joint development of 17 biomethane projects in Spain, with a total estimated capacity of 907.4 GWh.
- EPC contract in the United States, through its joint venture Greensol Renewables LLC, for the construction of a 100 MWdc solar park in Michigan worth $70 million, already underway.
Corporate statements
Ignacio Salcedo Ruiz, Chairman of the Board of Directors of Greening Group, stated:
“These excellent results reflect the continued effort of the entire team and the consolidation of a solid, international, and diversified business model. We have strengthened our financial position and continue advancing toward a profitable and efficient IPP model, with a clear focus on energy storage.”
Diego Puerta, CEO of Greening Group, added:
“During the first half of the year, we have improved operational efficiency across all areas of the Group, optimizing resources and strengthening profitability. The results confirm that we are building a stronger, more agile, and competitive company, ready to successfully face the next phase of growth and sustainable value creation.”
