Added to YB: 2026-09-23
Pitch date: 2026-09-17
GRE.MC [neutral]
Grenergy Renovables, S.A.
-13.89%
current return
Author Info
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Company Info
Grenergy Renovables, S.A., together with its subsidiaries, engages in the renewable energy business in Spain, Italy, the United Kingdom, Poland, Germany, Romania, Chile, Peru, Colombia, Argentina, Mexico, and the Unites States.
Market Cap
EUR 2.5B
Pitch Price
EUR 90.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.82
P/E
19.74
EV/Sales
4.58
Sector
Independent Power and Renewable Electricity Producers
Category
growth
Grenergy Renovables (GRE Spain): Asset rotations fund an increasingly storage-led expansion
GRE.MC (update): Grenergy’s Q2 EBITDA surged more than 400% to €121.7m as development activity resumed after a quiet Q1, with the Gabriela asset rotation the principal transaction; H1 net income more than doubled to €74.2m. Asset-rotation proceeds and new financing support a €3.7bn, increasingly storage-led investment program, but earnings remain transaction-timing dependent and preventing a material rise in corporate leverage from 1.7x is the key challenge.
Read full article (2 min)