Greenvolt Power

What Greenvolt Power does

Greenvolt Power is the utility-scale renewable energy development arm of Greenvolt Group (Portugal-headquartered, KKR-controlled), developing and operating onshore wind, photovoltaic solar, and battery energy storage system (BESS) projects across approximately 20 markets in Europe, North America, and Asia. The platform is organized around three technology pillars — wind, solar, and storage — that can be deployed individually or as integrated hybrid projects (e.g., Sompolno in Poland, Høegholm in Denmark), supported by four cross-cutting service lines covering development, build/construction, project financing and refinancing, and asset management. Underlying technical capabilities include utility-scale BESS (up to 99.8 MW / 288.6 MWh standalone, LFP-based chemistries), hybrid single-grid-connection architectures with unified energy management, and an in-house GIS site-identification tool used to source projects close to grid infrastructure.

The business model is a hybrid asset-rotation developer: Greenvolt Power originates, develops, and constructs projects, then sells approximately 70-80% of internally developed assets to institutional buyers (utilities, infrastructure funds) while retaining 20-30% on balance sheet, with the in-house portfolio under management exceeding 500 MW (>210 MW wind). Long-term contracted revenue comes from CfDs, capacity auction contracts (10-17 year tenors, often CPI/inflation-indexed), and regulated tariffs (e.g., Italian MACSE, Polish capacity auction, Hungarian CfD). Asset management and development advisory services contribute recurring fee revenue, while secondary revenue streams include right-to-use solar schemes in Indonesia and PPA origination support in Japan. Primary customers are institutional asset buyers (ENGIE Romania, Northland Power, Nuveen Infrastructure, Enea, Dri, Energa Wytwarzanie), supplemented by landowners (long-term lease counterparties in 20 markets) and selected corporate/industrial off-takers.

As of December 2025, the company reports a 12.8 GW total pipeline (14.1 GW probability-weighted across Europe, the US, and Asia), of which 5.1 GW is sold or ready-to-build and approximately 1.7 GW is under construction. Capital mobilization has been substantial, with >€900m of project finance and corporate facilities arranged since 2023 and €320m committed specifically to UK renewables through 2028, supporting a stated 1 GW UK target. Operations are anchored by the Polish legal entity Greenvolt Power Poland Sp. z o.o. (Warsaw) with wholly-owned subsidiaries in Germany, Japan, Iceland, and Hungary, and dedicated country teams across all active markets.

Name

Greenvolt Power

Legal name

Greenvolt Power Poland Sp. z o.o.

Website

https://power.greenvolt.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Greenvolt Power is the utility-scale wind, solar PV, and battery storage development arm of KKR-backed Greenvolt Group, developing and operating renewable projects across 20 markets in Europe, North America, and Asia via an asset-rotation model selling 70-80% of developed projects to institutional buyers.

Ownership category

akta.pro rank

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Asset Rotation / Project Sale Revenue: Sale of internally developed and constructed utility-scale renewable energy and BESS projects to infrastructure funds and utilities (e.g., ENGIE Romania for €348m Ialomița wind; Northland Power for 300 MW/1.2 GWh Polish BESS; Nuveen Infrastructure for 153 MW Italian solar; Enea Nowa Energia for €83.3m wind portfolio; Energa Wytwarzanie for Sompolno hybrid). Strategy is to sell approximately 70–80% of internally developed projects while retaining 20–30% on balance sheet.
2. Power Purchase Agreement (PPA) & CfD Revenue: Long-term contracted revenue from power generated by retained projects under CfD / capacity contracts (e.g., 15-year CfD for Hungary Buj BESS; 17-year inflation-indexed Polish capacity auction contracts for Mieczysławów & Kamionka BESS; 15-year indexed tariff for Italian MACSE auction 75MW/600MWh project).
3. Asset Management Services Revenue: Asset management and O&M services for an existing renewable energy portfolio of over 500 MW (incl. >210 MW wind), generating recurring fees from managed installations.
4. Development & Advisory Services Revenue: Project development advisory and EPC-related services for utility-scale wind and solar farms for third-party investors; in-house developer team prepares ready-to-build projects adjusted to investors' requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels10 records

Core offering

Greenvolt Power develops, finances, constructs, and operates utility-scale onshore wind farms, photovoltaic solar installations, and battery energy storage systems (BESS), as well as integrated hybrid renewable projects, across 19–20 markets in Europe, North America and Asia. The platform covers the full project lifecycle from greenfield site identification through development, construction, project finance, asset management and advisory, with an asset-rotation model that sells approximately 70–80% of internally developed projects to utilities and infrastructure funds while retaining 20–30% on balance sheet for long-term contracted revenue.

Product overview

Greenvolt Power is a unified utility-scale renewable energy development platform that operates as a platform-plus-modules architecture, organized around three core technology pillars — Wind Energy Solutions, Solar Energy Solutions, and Energy Storage Solutions (BESS) — which can be deployed individually or combined as Hybrid Renewable Projects (e.g., Sompolno, Høegholm, Buj, Ialomița). These are supported by four cross-cutting service lines: Development Services, Build/Construction Services, Project Financing & Refinancing, and Asset Management Services, covering the entire project lifecycle from greenfield origination through construction, financing, sale (asset rotation) and long-term operations across 20 markets in Europe, North America and Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Energy Solutions Utility-scale onshore wind energy project development, construction, financing and operation, including O&M services. One of Greenvolt Power's three primary technology pillars alongside solar and storage.
• Solar Energy Solutions Utility-scale photovoltaic project development, construction, financing and operation, delivering tailored solar energy solutions to investors and communities, with O&M services and biodiversity-aligned site design.
• Energy Storage Solutions (BESS) Utility-scale battery energy storage system (BESS) project development to modernize power grids, provide grid flexibility, support renewable integration, and enable hybridization of generation assets, primarily using lithium-ion batteries (incl. LFP chemistries) with installations up to 99.8 MW / 288.6 MWh.
• Hybrid Renewable Projects Integrated renewable energy installations combining solar PV, wind farms and battery energy storage systems into a single connected infrastructure with unified energy management, as exemplified by Sompolno in Poland (26 MW wind + 10 MW solar + 3 MW BESS, ~111 GWh annual output).
• Development Services End-to-end renewable project development including site identification using GIS tools, technical design, permitting, stakeholder engagement and preparation of ready-to-build projects adjusted to investors' requirements, performed by an in-house developer team for both internal projects and third-party investors.
• Build / Construction Services Engineering, technical support, construction and CAPEX optimization of wind, solar and storage projects, supported by 15+ years of in-house engineering experience and trusted component suppliers.
• Project Financing & Refinancing Securing project finance and refinancing for renewable energy developments through advanced financial modelling, project evaluation and relationships with banks and institutional lenders, supported by the Greenvolt Group's credit rating. Demonstrated financings include €348m Ialomița, €58.9m Buj BESS, €35m Høegholm, €58.5m Săcele and a €350m syndicated corporate loan.
• Asset Management Services Operation, maintenance and performance management of operating renewable energy installations, currently managing a portfolio of over 500 MW including more than 210 MW in wind farm installations across multiple geographies.
• Development & Advisory Services for Third-Party Investors Project development advisory and EPC-related services for utility-scale wind and solar farms for third-party investors, with the in-house developer team preparing ready-to-build projects adjusted to investors' requirements.
• Right-to-Use Solar Scheme (Indonesia) Solar PV systems provided to industrial, commercial, mining, agricultural and aquaculture customers in Indonesia under a right-to-use model in which Greenvolt Power Indonesia covers full installation and maintenance costs and the customer pays only for the green energy used.
• Corporate PPA Origination Support (Japan) Aggregator selection and PPA contract negotiation support for Japanese corporate customers seeking renewable PPA supply, delivered through Greenvolt Solar Japan K.K.

Quantifiable outcome

• 253.1 MW Ialomița wind farm sold to ENGIE Romania for €348m financing, powering ~110,000 homes
• +8 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

15 partnerships are on record, tiered flagship / strategic us partner, flagship / technology supplier, core / community wind developer partner, flagship / core optimization partner, advisory, flagship / strategic bess partner, strategic / esg partner, flagship / technology partnership, core / north american solar partner, research partner and strategic / floating offshore wind partner.

• Bedrock Renewablesflagship / strategic us partnerStrategic or Co-development Partner · 18 May 2026Strategic partnership to acquire and repower operational US wind projects. Acquired three operational Iowa wind projects totaling 116 MW (Top of Iowa 80 MW, Crosswind 21 MW, Hardin Hilltop 15 MW). Also previously acquired Twin Energy Wind Project in Maine (September 2025).
• GE Vernovaflagship / technology supplierTechnology or Integration · 26 April 2026Agreement to supply 71.5 MW of onshore wind turbines (and 17 turbines for 100MW Fortore Italy) for projects in Germany and Italy. Also agreement for 42 turbines (252 MW) for Romania's Ialomița wind farm (deliveries scheduled 2026), enough to power 110,000+ homes. Reinforces European wind energy market expansion.
• BBWindcore / community wind developer partnerStrategic or Co-development Partner · 26 April 2026Community-wind developer partnering with Greenvolt Power on multi-project onshore wind installations in Germany; reinforced partnership with 71.5 MW turbine agreements via GE Vernova.
• Reelflagship / core optimization partnerStrategic or Co-development Partner · 3 March 2026Strategic partnership to deliver balancing and optimization services for the 157 MW Høegholm hybrid energy park (97.36 MW solar + 60 MW/120 MWh BESS) in Denmark. Reel uses its proprietary trading technology for wholesale, intraday and ancillary services markets, and structures hedges for Danish corporates via PPAs.
• MPR Partners, Clifford Chance Badea, AFRY, MARSH, UL, PwCadvisoryImplementation/ SI/ Consulting Partner · 4 February 2026Advisors involved in the €58.5m Săcele wind project finance transaction — MPR Partners (borrower legal), Clifford Chance Badea (lender legal), AFRY (technical), MARSH (insurance), UL (EYA), PwC (financial model audit).
• Dentons, Schoenherr, MVM Erbe Zrt.advisoryImplementation/ SI/ Consulting Partner · 20 January 2026Advisors for Buj BESS project finance — Dentons (Greenvolt legal), Schoenherr (UniCredit legal), MVM Erbe Zrt. (UniCredit technical).
• DLA PiperadvisoryImplementation/ SI/ Consulting Partner · 25 November 2025Acted as legal counsel to Greenvolt Power in relation to the sale of two BESS projects in Poland to Northland Power.
• DC Advisory & Green GiraffeadvisoryImplementation/ SI/ Consulting Partner · 25 November 2025Acted as exclusive financial advisors to Greenvolt Power on the sale of Mieczysławów and Kamionka BESS projects to Northland Power.
• Entrixflagship / strategic bess partnerStrategic or Co-development Partner · 10 September 2025Exclusive agreement for 1.3 GW / 5.2 GWh battery storage projects in Poland. Strengthens Greenvolt's BESS pipeline and asset rotation strategy in Poland.
• Re:Generacja Programstrategic / esg partnerOthers · 9 July 2025Long-term biodiversity program in Poland dedicated to ecological restoration. Greenvolt Power assumed stewardship over 30 hectares of degraded peatland in the Ruszczany bird sanctuary within Natura 2000 PLB200001 "Bagienna Dolina Narwi" — 14 km from Greenvolt Power's BESS facility.
• BYD Energy Storageflagship / technology partnershipStrategic or Co-development Partner · 12 March 2025Agreement to develop landmark BESS projects of up to 1.6 GWh in Poland using BYD's LFP battery technology. BYD also supplied battery units for Hungary's Buj BESS project.
• JAS Powercore / north american solar partnerStrategic or Co-development Partner · 9 July 2024North American partnership — together with Green Tower, brings solar power to communities through Greenvolt Power's North American operations.
• Green Towercore / north american solar partnerStrategic or Co-development Partner · 9 July 2024North American partnership — together with JAS Power, brings solar power to communities through Greenvolt Power's North American operations.
• Warsaw University of Life Sciences (SGGW)research partnerOthers · 24 November 2023Sustainable Synergy: Greenvolt Power and Warsaw University of Life Sciences agrivoltaics research collaboration — exploring co-location of solar and agricultural production.
• BlueFloat Energystrategic / floating offshore wind partnerStrategic or Co-development Partner · 26 April 2023Strategic partnership to enable the development of floating offshore wind projects in Portugal.

Scale indicators25 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• EDP Renováveis (EDPR): EDPR is a global utility-scale wind and solar developer with an asset-rotation model and Iberian roots, directly comparable to Greenvolt Power. Both operate multi-gigawatt pipelines across Europe, North America, and Asia, sell down minority stakes to institutional investors, and rely on long-term PPAs and capacity contracts.
• Acciona Energía: Acciona Energía is an independent power producer focused on wind and solar generation globally with a similar development-and-rotate model. Comparable to Greenvolt Power in its multi-country pipeline, project finance capability, and exposure to European and Latin American renewable markets.
• Encavis AG: Encavis is a European independent operator and developer of wind and solar parks with a growing BESS pipeline. Comparable to Greenvolt Power in asset-rotation, PPA/CfD revenue model, and European multi-country footprint with institutional buyers as primary counterparties.
• OX2: OX2 is a Nordic and European developer of large-scale wind, solar and battery storage projects with an asset-rotation model. Direct overlap with Greenvolt Power's Høegholm Denmark hybrid project, Polish BESS pipeline, and asset-sale strategy to infrastructure investors.
• European Energy A/S: European Energy is a Danish-headquartered developer of wind, solar PV, and Power-to-X projects with global reach. Direct peer to Greenvolt Power in utility-scale project development, multi-technology platform, and pipeline diversification across Europe, the Americas, and Asia.
• Eolus Vind AB: Eolus Vind is a Swedish utility-scale wind project developer with operations in the Nordics, Baltics, and North America. Comparable to Greenvolt Power's onshore wind business, asset-rotation model, and project finance structuring for utility-scale wind farms.

Broad incumbents

• Iberdrola Renovables: Iberdrola is one of the world's largest renewable energy operators with utility-scale wind and solar across Europe, the Americas, and Australia. Comparable to Greenvolt Power's target markets (UK, USA, Iberia, Brazil) and a likely competitor for project sites, auctions, and BESS capacity contracts.
• Enel Green Power: Enel Green Power is the renewables arm of Enel Group with utility-scale wind, solar, and BESS globally. Competes with Greenvolt Power in European and Latin American BESS auctions, has access to similar project finance, and frequently appears as an institutional buyer of developed renewable assets.
• RWE Renewables: RWE is a major European utility with one of the largest renewable generation portfolios globally, including wind, solar, and BESS. Competes with Greenvolt Power for German, Polish, UK, and Italian project sites and auctions, and has the balance-sheet capacity to bid for developed assets.
• Statkraft: Statkraft is Europe's largest generator of renewable energy and a leading player in power market optimization and BESS. Comparable to Greenvolt Power in Nordic/European operations, BESS build-out, and participation in capacity and ancillary-services markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greenvolt-power-na
• Instagraminstagram.com/greenvoltgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries6 records

Funding overview

Funding rounds6 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenvolt Power