Reganosa

What Reganosa does

Reganosa is a privately held Spanish energy infrastructure company headquartered in Mugardos, A Coruña, that operates a portfolio spanning regulated gas infrastructure, international consulting, renewable generation, and digital energy services. Its core regulated asset is the Galicia LNG terminal in the port of Ferrol/Mugardos, an active node in the Spanish gas system that has handled LNG shipments from Russia (Yamal), the United States, Nigeria, Trinidad and Tobago, and Peru, and is the closest Iberian Peninsula terminal to Yamal. The group operates through a holding structure (Reganosa Holdco, S.A.) with operating subsidiaries including Regasificadora del Noroeste, S.A. (terminal operations), international units in Malta, Ghana, Italy, and Germany, and adjacent businesses in green hydrogen (H2Pole), renewable generation (Saltos del Cinca, three hydroelectric plants in Aragón totaling nearly 19 MW, acquired in December 2025), and digital energy services (OIIO).

Reganosa's consulting business provides integrated infrastructure management and Project Management Consultant (PMC) services for LNG terminals and energy infrastructure projects internationally, exemplified by its PMC mandate on the Dakar LNG import terminal for ELTON Logistics and Services in Senegal (signed March 2026). The OIIO subsidiary operates a digital energy efficiency platform that combines machine learning algorithms with physical-mathematical models developed jointly with CITMAga, serving households, self-employed professionals, SMEs, and large energy consumers with tariff comparison, automated contract switching, smart meter integration, CAE certificate management, carbon footprint calculation, and microgrid management; users reportedly achieve average electricity savings of 23-26%. Revenue mechanics combine regulated tariff-backed infrastructure income (LNG terminal), professional services fees (PMC and consulting mandates), subscription/recurring service fees (OIIO), and managed renewable generation income (hydroelectric). The company reports operations or asset oversight across 35 countries on five continents, and concluded a leadership transition to Marcos López as Group President in June 2026.

Name

Reganosa

Legal name

Reganosa Holdco, S.A.

Website

https://reganosa.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Reganosa is a privately held Spanish energy infrastructure company that owns and operates the Galicia LNG terminal, provides PMC consulting for international LNG projects, generates hydroelectric power through Saltos del Cinca, and offers the OIIO digital energy efficiency platform to consumers and enterprises.

Ownership category

akta.pro rank

Product category

LNG Terminal Operations and Energy Infrastructure Services

NAICS

Natural Gas Distribution (22121)

SIC

Natural Gas Transmisison & Distribution (4923), Natural Gas Distribution (4924)

akta.pro primary industry

LNG Regasification Terminals (Onshore & FSRU) (EUALAFAB)

akta.pro secondary industries

LNG Import/Export Terminals (Liquefied Natural Gas) (TLAHABAL), Program & Project Management (PMO) Consulting (BPAHACAL), Gas Distribution Operations (Day-to-Day Field & System Operations) (EUAJAAAB)

Keywords

• LNG terminal operations
• Energy infrastructure consulting
• Digital energy efficiency
• Renewable power generation
• Project management consulting

Headquarters

HQ city

Mugardos

HQ country

Spain

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Regulated LNG Terminal Operations: Reganosa owns and operates the Galicia LNG terminal in Mugardos (A Coruña), Spain, which serves the Spanish gas network and handles global LNG trade flows including shipments from Russia (Yamal), USA, Nigeria, Trinidad and Tobago, and Peru. Revenue derives from regulated infrastructure tariffs for terminal use.
2. Consulting and Integrated Infrastructure Management Services: Reganosa provides project management consulting (PMC) for LNG terminal construction internationally, as demonstrated by the Dakar (Senegal) LNG terminal project with ELTON Logistics and Services. Services include technical advisory, construction supervision, interface management, and O&M integration. Also includes consultancy for energy efficiency and digitalisation.
3. Energy Efficiency Platform (OIIO): OIIO, a Reganosa subsidiary, operates a digital energy efficiency platform serving households, self-employed professionals, SMEs, and large energy consumers. The platform generates revenue through service fees for tariff optimization, contract management, energy savings certificates (CAE), smart meter monitoring, and microgrid management. OIIO is independent and transparent, not receiving commissions from electricity providers.
4. Renewable Power Generation: Reganosa owns Saltos del Cinca, S.A., which operates three hydroelectric power plants in Aragón with nearly 19 MW of installed renewable capacity. This acquisition (December 2025) marks Reganosa's entry into renewable power generation, supported by an in-house operations and maintenance team.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Reganosa owns and operates the Galicia LNG terminal in Mugardos, A Coruña, providing regulated LNG import and regasification services for the Spanish gas system. It also delivers integrated infrastructure consulting and project management consulting (PMC) for LNG terminal construction internationally, as evidenced by the Dakar (Senegal) LNG terminal contract with ELTON Logistics and Services. Through its OIIO subsidiary, Reganosa offers a digital energy efficiency platform that uses machine learning to optimize electricity consumption, tariffs, and contract switching for end consumers and large energy users.

Product overview

Reganosa is a Spanish global energy company operating as a platform of regulated and non-regulated infrastructure assets. Core offerings include ownership and operation of the LNG terminal in Galicia (Mugardos), integrated infrastructure consulting services for energy projects worldwide, and digital energy efficiency solutions. The product portfolio comprises the regulated LNG terminal operations, the OIIO digital energy efficiency platform for end consumers, Saltos del Cinca hydroelectric assets, and a 25% stake in Musel E-Hub. The company also promotes energy transition projects including storage, renewables, circular economy, green hydrogen, and digitalization services.

Differentiator

Problem solved

Functional benefit

Brands

• OIIO: Digital energy efficiency platform and advisor launched by Reganosa, offering energy savings analysis, tariff comparison, and consumption optimization for households, self-employed, SMEs, and large energy consumers. Users reportedly achieve an average savings of 23% on electricity bills.
• OIIO Energía
• Reganosa GNL

Products and services

• Galicia LNG Terminal Operations Reganosa owns and operates the LNG terminal in Mugardos, A Coruña, which is essential for the Spanish gas system and handles LNG shipments from Russia (Yamal), USA, Nigeria, Trinidad and Tobago, and Peru. The terminal is the closest Iberian facility to the Yamal LNG supply route. Revenue derives from regulated infrastructure tariffs for terminal use.
• Integrated Infrastructure Consulting and PMC Services Comprehensive infrastructure management consulting including project management, technical advisory during project definition phases, engineering supervision, construction oversight, commissioning support, and operational integration for LNG and energy infrastructure projects worldwide. Targeted at energy ministries, national gas companies, state-owned utilities, and infrastructure developers.
• OIIO Energy Efficiency Platform Independent digital energy advisor platform that analyzes electricity consumption using machine learning and physical-mathematical models (developed with CITMAga), recommends optimal tariffs, manages contract changes, offers intelligent energy purchasing with coverage for large consumers, and provides carbon footprint calculation, smart meter monitoring, and microgrid energy management. Users reportedly achieve average savings of 23-26% on electricity bills.
• Saltos del Cinca Hydroelectric Power Generation Reganosa owns and operates three hydroelectric power plants in Aragón with nearly 19 MW of installed renewable capacity, supported by an in-house operations and maintenance team, providing renewable power generation as part of the energy transition portfolio.
• Energy Efficiency and Digitalization Services

Quantifiable outcome

• 23-26% average electricity savings for OIIO users on their electricity bills
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• ELTON Logistics and ServicescoreStrategic or Co-development Partner · 1 December 2023ELTON Logistics and Services, a 100% subsidiary of ELTON Oil Company (Senegal's leading fuel distribution company with 26 years of operations across West Africa), promoted the LNG import terminal project in Dakar. Reganosa began as technical advisor from December 2023 during the project definition phase, supporting contract negotiations with international EPC contractors. Reganosa then assumed the PMC (Project Management Consultant) role, supervising detailed engineering and construction of the terminal, including two-phase development (early gas modular solution and onshore infrastructure expansion), with 15-km submarine pipelines supplying power plants.
• CITMAga (Centro de Investigación y Tecnología Matemática de Galicia)coreStrategic or Co-development PartnerCITMAga (Centro de Investigación y Tecnología Matemática de Galicia / Center for Research and Mathematics Technology of Galicia) collaborated with Reganosa's internal team of engineers, physicists, and mathematicians expert in energy efficiency to develop the advanced machine learning algorithms and physical-mathematical models powering the OIIO platform. This partnership combines academic mathematical research capability with industrial energy sector expertise to create proprietary optimization algorithms for energy consumption analysis and tariff selection.
• Musel E-Hub (Gijón, Asturias)coreOthersReganosa holds a 25% stake in the Musel E-Hub located in Gijón (Asturias), Spain. This partnership provides Reganosa with co-ownership in a strategic energy hub infrastructure in northern Spain, complementing its LNG terminal operations in Galicia.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Enagás: Spain's dominant gas system TSO and operator of multiple LNG terminals (Cartagena, Huelva). Most directly comparable Spanish competitor given overlapping LNG regasification activity and regulated gas-system positioning.
• Saggas (Bahía de Bizkaia Gas): Operates competing Spanish LNG regasification terminals (Bilbao, Sagunto). Closely comparable business model as an independent Spanish LNG terminal operator serving the Iberian gas system.
• GNL Quintero: Independent operator of Chile's first LNG regasification terminal. Comparable as a single-terminal independent LNG operator with regulated tariff economics similar to Regasificadora del Noroeste.
• Técnicas Reunidas: Spanish EPC and PMC contractor for energy infrastructure including LNG, refining, and hydrogen projects. Closely comparable for Reganosa's infrastructure consulting/PMC business line.
• Holaluz: Spanish digital energy retailer offering green electricity with energy management tooling. Closely comparable to OIIO as a Spanish digital energy platform with consumer-facing savings and tariff optimization features.

Broad incumbents

• Fluxys: Belgian gas infrastructure operator that operates the Zeebrugge LNG terminal and broader pipeline/storage portfolio. Comparable as a European gas infrastructure owner with LNG terminal and pipeline assets.
• Cheniere Energy: Largest US LNG export terminal operator (Sabine Pass, Corpus Christi). Comparable business model operating large-scale LNG terminals, though at export-side scale rather than European regasification.
• Iberdrola: Largest Spanish renewables operator with significant hydroelectric capacity across Spain. Comparable for Reganosa's Saltos del Cinca hydroelectric asset and broader renewable power generation ambitions.
• Naturgy: Spanish gas utility and major LNG buyer for the Iberian gas system. Comparable as a large Spanish energy group involved in gas distribution and renewable transition overlapping with Reganosa's infrastructure footprint.

Emerging players

• Venture Global LNG: US-based LNG terminal developer rapidly building export capacity (Calcasieu Pass, Plaquemines, CP2). Emerging comparable for the LNG terminal development expertise Reganosa is now exporting as PMC services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/reganosa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

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 Reganosa