Wento

What Wento does

Wento is a Polish utility-scale renewable energy developer operating a full-lifecycle project business spanning land lease acquisition, administrative permitting, construction, and long-term operations and maintenance. Founded in 2011 and headquartered in Warsaw, the company develops photovoltaic (PV) farms, onshore wind farms, and battery energy storage projects across Poland. It is wholly owned by Equinor (formerly Statoil), the Norwegian state-controlled energy major, since 2021, which contributed an additional 1.6 GW of PV project capacity to the group at acquisition. Wento's portfolio in development and pipeline exceeds 3,200 MW, supported by 1,000+ signed land lease agreements covering more than 5,000 hectares and 489 MW won in Polish Energy Regulatory Office (URE) CfD auctions since 2017.

Wento's product set comprises three pillars: utility-scale PV development (its primary current focus, with operational installations including the 60 MW Zagórzyca farm in Pomeranian Voivodeship and the 57.5 MW Stępień farm in Warmian-Masurian Voivodeship, plus the Lipno farm expected in 2024), wind farm development (a legacy capability through which it built and sold over 80 MW including the 36 MW Skoczykłody project divested to PGE S.A. in 2020 and a 48 MW project sold in 2019), and energy storage (three projects co-financed by Poland's Modernization Fund through NFOŚiGW at 218.5M PLN total). Each project is developed from greenfield through to ready-to-build, with construction typically contracted to external EPC providers. The combined Stępień and Zagórzyca capacity of roughly 120 MW represents current operating generation, with electricity from Zagórzyca off-taken by Danske Commodities (an Equinor group entity).

Wento monetizes its pipeline through two primary revenue channels: episodic sale of developed projects to strategic investors such as PGE S.A. and major foreign wind investors, and long-term electricity sales from operated PV assets into the Polish national grid under CfD arrangements. The business also benefits from 218.5M PLN in non-dilutive Modernization Fund co-financing for storage infrastructure. Wento serves two distinct customer segments: Polish landowners who receive up to 30-year inflation-indexed lease payments for hosting renewable installations, and strategic and financial investors who acquire ready-to-build or operational renewable assets. Distribution is entirely domestic (single-country) and conducted via direct outreach and a dedicated asset sales team.

Name

Wento

Legal name

Wento Sp. z o.o.

Website

https://wento.eu

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Wento is a Polish utility-scale renewable energy developer, wholly owned by Equinor since 2021, developing photovoltaic, wind, and battery storage projects with a portfolio exceeding 3,200 MW for sale to strategic and financial investors.

Ownership category

akta.pro rank

Product category

Renewable Energy Development

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD)

akta.pro secondary industries

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF), Permitting, Siting & Environmental Impact (EIA/NEPA) Advisory (EUAMANAB), Renewable Energy Infrastructure (FSAAAKAG), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)

Keywords

• Photovoltaic project development
• Wind farm development
• Energy storage projects
• Renewable energy asset sales
• Land lease services

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Land lease payments to landowners: Wento enters long-term lease agreements (up to 30 years) with Polish landowners. Landowners receive a reservation fee from signing until construction begins, then a full indexed rent once construction starts. The rent is inflation-indexed (GUS), and Wento covers all investment, operational, and decommissioning costs.
2. Sale of renewable energy projects and assets: Wento develops PV and wind projects and sells them to strategic investors (utilities, financial investors) either at ready-to-build stage or as completed, operational plants. This includes portfolio sales of projects and individual turn-key installations.
3. Energy generation and sales (Zagórzyca, Stępień): Operational PV farms (Stępień 57.5 MW, Zagórzyca 60 MW) generate electricity sold to the Polish grid. Electricity sales for Zagórzyca are managed by Danske Commodities (Equinor group).

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Wento develops utility-scale renewable energy projects (photovoltaic solar farms, onshore wind farms, and battery energy storage systems) on leased land in Poland, covering the full project lifecycle from land acquisition and administrative permitting through construction and operation. The company either holds and operates the assets for electricity generation sold to the Polish grid, or sells ready-to-build and turn-key operational assets to strategic and financial investors such as utilities and infrastructure funds.

Product overview

Wento is a Polish renewable energy developer and producer offering a unified portfolio of energy solutions. The company operates three core product lines: photovoltaic (PV) farm development, wind farm development, and energy storage projects. Wento's business model spans the full project lifecycle—from land lease acquisition and permitting through construction and operational management—serving strategic and financial investors seeking renewable energy assets. The company is part of Equinor (formerly Statoil) following its 2021 acquisition, bringing a 1.6 GW project portfolio. Specific projects include the operational Stępień PV Farm (57.5 MW), Zagórzyca PV Farm (60 MW), and under-construction Lipno PV Farm, alongside energy storage initiatives co-financed by Poland's Modernization Fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Photovoltaic (PV) Farm Development
• Wind Farm Development
• Energy Storage Projects
• Ground Lease Services
• Asset Sales (Project and Operational Plant Sales)

Quantifiable outcome

• Zagórzyca PV farm produces 61 GWh/year, equivalent to the annual consumption of ~31,000 Polish households.
• +3 more outcomes

Named customers4 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

Feature4 records

Scale indicators15 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Lightsource bp: Global utility-scale solar developer (backed by BP) that develops, finances, and sells/operates PV projects. Operates across European markets including Poland with a develop-to-sell business model very similar to Wento's asset-sales motion.
• BayWa r.e. European developer and IPP for wind and solar farms with Polish-market activity. Operates a develop-build-sell pipeline comparable to Wento's and competes for the same Polish landowners, permits, and CfD capacity.
• European Energy: Danish-headquartered, active developer of utility-scale solar PV and wind farms across Europe including Poland. Develops, builds, and sells renewable energy assets in a similar business model to Wento, with overlapping Polish land and CfD activity.
• Sonnedix: Global solar IPP that acquires and develops utility-scale PV assets across Europe. Comparable as a renewable asset buyer/investor that Wento could sell its RTB or operational PV projects to.
• Polenergia: Polish onshore and offshore renewables developer and IPP. Polenergia is a direct peer with overlapping Polish-market renewable energy development, and notably co-develops ~3 GW of offshore wind with Equinor — the same parent that owns Wento, making it the closest comparable within Equinor's portfolio.

Broad incumbents

• EDP Renováveis (EDPR): One of the world's largest wind and solar developers and operators. Active in Poland with onshore wind/PV development and a similar full-lifecycle (develop-build-sell/operate) model comparable to Wento's.
• RWE Renewables: Global renewables developer/operator with substantial Polish onshore wind and PV pipeline. Comparable to Wento as a utility-backed full-lifecycle developer competing for Polish permits, land, and CfD contracts.
• PGE Group (PGE Renewables): Poland's largest state-controlled utility with a growing renewables arm. Bought the Skoczykłody wind farm from Wento in 2020, making PGE both a customer and a competing onshore wind/PV developer/integrator in Poland.
• Iberdrola Renewables: Global integrated utility with a major onshore wind and PV footprint in Europe. Comparable as a vertically integrated developer-investor with auction participation, project sales, and long-term asset ownership.

Emerging players

• Encavis AG: European renewable energy IPP operator/owner acquiring operational wind and solar parks. Comparable as a buy-side investor in turnkey PV and wind assets, similar to the strategic and financial investors Wento targets for its asset sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/wento-sp-z-o-o

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

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 Wento