Wento
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.
- Company typePrivate
- Founded2011
- HeadquartersWarszawa, Poland
- Headcount11–50
- GTM typeB2B
- OfferingServices
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.
Wento firmographics
Firmographics- 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
Wento industry classification
Industry- 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
Where Wento is headquartered
LocationHeadquarters
- HQ city
- Warszawa
- HQ country
- Poland
- HQ region
- Europe
Offices2 records
Markets served
Wento business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- 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.
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Land lease - reservation fee (pre-construction) |
| Other | Annual | Land lease - main rent (construction and operations) |
| Other | Multi-year contract | Project and asset sales |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Wento product offering
Product offeringCore 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
Companies that use Wento
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Wento technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Wento partnerships and signals
Strategic signalScale indicators15 records
Recent moves8 records
Expansion highlights5 records
Wento competitors and assessment
Company assessmentDirect 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
Wento social profiles
Digital presenceWento financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wento leadership team
Management profileNumber of profiles
Profiles6 records
Wento subsidiaries and ownership
Company hierarchySubsidiaries3 records
Wento funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wento M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wento
What does Wento do?
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.
Is Wento a public or private company?
Wento is a private company. It is classified as corporate owned and is currently operating.
When was Wento founded?
Wento was founded in 2011. It employs 11 to 50 people.
Where is Wento based?
Wento is headquartered in Warszawa, Poland, in the Europe region.
How does Wento make money?
Three revenue lines are on record. Land lease payments to landowners are the primary driver. The others are sale of renewable energy projects and assets and energy generation and sales (Zagórzyca, Stępień).
Who are Wento's main competitors?
Direct peers on record are Lightsource bp, BayWa r.e., European Energy, Sonnedix and Polenergia. Broad incumbents are EDP Renováveis (EDPR), RWE Renewables, PGE Group (PGE Renewables) and Iberdrola Renewables. Encavis AG is listed as an emerging player.
Does Wento have an API?
No public API is recorded for Wento.
What industry is Wento in?
Wento's product category is Renewable Energy Development. Its primary akta.pro industry code is IMAFADAD, Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage), with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 221114 and its SIC code is 1623.