Solaria Energía y Medio Ambiente

What Solaria Energía y Medio Ambiente does

Solaria Energía y Medio Ambiente, S.A. is a Spanish publicly traded renewable energy company headquartered in Madrid, listed on the IBEX 35 (ticker SEYMF on OTCMKTS) and operating in the photovoltaic power generation sector since 2002. The company develops, owns, and operates solar photovoltaic power plants, with historical concentration across Spain and Italy, and has expanded into battery storage and wind power. As of FY 2025, the company reported EUR 137.4 million in net profit (up 55% year-on-year) on revenue growing 27%, with 825 MW of consolidated long-term power purchase agreements (PPAs). Q1 2026 results showed revenue of EUR 120.4 million (up 49% year-on-year), profit of EUR 89.8 million (up 50%), and an EBITDA margin of 94%.

The company's business model centers on electricity generation sold under long-term PPAs to corporate energy buyers and, increasingly, data center operators. In 2026 Solaria launched its flagship European Sustainable Data Center Platform with approximately 3.4GW of secured grid power across 400 hectares spanning Spain, Italy, Germany, and the UK. This platform supplies guaranteed-grid-access renewable energy to hyperscalers and data center developers, anchored by a 15-year, 445MW PPA with Merlin Properties. The company is also in consortium talks with Telefónica and ACS for a EUR 4 billion data center gigafactory in Spain and is pursuing an additional 5GW of grid access.

Solaria raised approximately EUR 300 million in a post-IPO share offering in April 2026 to fund expansion into data centers, battery storage, and wind, and announced a EUR 2.5 billion investment plan to triple operational capacity by 2028. The company sells primarily through direct B2B enterprise sales and strategic partnerships, with revenue driven by electricity output from commissioned plants and recurring PPA streams. Leadership includes CEO Arturo Diaz-Tejeiro Larranaga and Director of Investor Relations David Guengant.

Name

Solaria Energía y Medio Ambiente

Legal name

Solaria Energía y Medio Ambiente, S.A.

Website

https://solariaenergia.com

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Solaria Energía y Medio Ambiente is a Spanish publicly traded solar photovoltaic power developer that generates and sells renewable electricity under long-term PPAs to corporate buyers and data center operators, with a new European platform supplying 3.4GW of grid-secured renewable power to hyperscalers.

Ownership category

akta.pro rank

Product category

Solar Power Generation

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)

Keywords

• Solar photovoltaic generation
• Power purchase agreements
• Data center power supply
• Renewable energy infrastructure
• Battery storage solutions

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity Sales: Revenue generated from electricity sales driven by increased output from newly commissioned solar photovoltaic plants. Primary driver of Q1 2026 revenues rising 49% year-on-year to EUR 120.4 million.
2. Power Purchase Agreements (PPAs): Long-term power purchase agreements for renewable energy capacity. Company consolidated 825 MW of long-term PPAs as of end of 2025, providing predictable recurring revenue streams.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Solaria develops, builds, and operates utility-scale solar photovoltaic power plants across Europe and sells the generated renewable electricity to large corporate and data center customers via long-term power purchase agreements (PPAs). The company is expanding into battery storage, wind power, and a dedicated renewable power supply platform for data centers that bundles secured grid access with on-site generation.

Product overview

Solaria Energía y Medio Ambiente is a Spanish renewable energy company that has expanded from its core solar photovoltaic power plant development and operations into the data center energy supply sector. The company operates the European Sustainable Data Center Platform as its flagship offering for this new market segment, providing solar power purchase agreements, battery storage solutions, and guaranteed grid access for data center facilities across multiple European countries.

Differentiator

Problem solved

Functional benefit

Products and services

• European Sustainable Data Center Platform A dedicated renewable energy supply platform for data center operators across Europe, providing approximately 3.4 GW of secured grid power across 400 hectares in Spain, Italy, Germany, and the UK, bundled with 15-year power purchase agreements and guaranteed grid access infrastructure for data center operations.
• Utility-Scale Solar Photovoltaic Generation and Long-Term PPAs Utility-scale solar photovoltaic power generation sold to corporate buyers via long-term power purchase agreements, including approved solar-plus-storage hybrid configurations. As of end-2025, Solaria had consolidated 825 MW of long-term PPAs.

Quantifiable outcome

• 94% EBITDA margin maintained in Q1 2026
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• Telefónica and ACS ConsortiumcoreStrategic or Co-development Partner · 15 April 2026Solaria is in talks to join a consortium led by Telefónica and ACS to develop a €4 billion data center gigafactory in Spain, competing for one of five EU-backed gigafactory projects. The venture's initial capacity is planned at 150 MW, scaling to one gigawatt.
• Merlin PropertiesflagshipStrategic or Co-development Partner · 17 November 2025Solaria signed a 15-year power purchase agreement for 445MWp of photovoltaic energy with Merlin Properties to supply data centers in Spain. The deal includes a 225MW data center with guaranteed grid access and electrical infrastructure.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Encavis AG: European solar and wind IPP with operational capacity across multiple EU countries, focused on long-term cash flows via PPAs. Comparable in business model of renewable generation with PPA-based revenue streams.
• Neoen: French independent renewable energy producer focused on solar, wind, and storage across Europe and internationally, with major long-term PPA contracts. Comparable as a European IPP scaling renewable capacity with hyperscaler customers.
• Solarpack: Spanish solar PV developer and operator with utility-scale projects in Iberia, Latin America, and Asia-Pacific. Direct competitor in solar PV generation and PPA origination.
• Grenergy Renovables: Spanish solar PV developer and IPP expanding across Iberia and Latin America with utility-scale projects and battery storage. Closely comparable in business model, geography, and growth profile.
• Audax Renovables: Spanish renewable energy operator focused on Iberian solar and wind generation with PPA-based revenue models. Comparable in scale and geography, though more diversified into retail energy supply.

Broad incumbents

• Endesa: Spain's largest electric utility with substantial renewable generation portfolio and grid infrastructure. Competes in Spanish renewable generation market and increasingly in data center power supply.
• Acciona Energía: Major Spanish IPP and global renewable energy developer with wind and solar generation across multiple continents. Directly comparable as a publicly traded Iberian renewable energy operator pursuing long-term PPAs and data center power supply.
• Iberdrola: Global renewable energy leader with massive wind and solar capacity across Europe, the Americas, and Australia. Competes for hyperscaler PPA contracts and grid-connected renewable projects in Spain.
• EDP Renováveis: Major European and global wind and solar developer with significant Iberian presence and utility-scale generation assets. Competes directly for utility-scale renewable PPAs and data center power supply agreements.

Regional players

• Solaria Energia Italia (related entity): Solaria's own Italian operations and adjacent Italian renewable developers focusing on Southern European solar PV markets. Comparable as Solaria's own Italian footprint and Southern European solar peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Solaria Energía y Medio Ambiente