URIEL

What URIEL does

URIEL Renovables, S.A. is a privately-held Spanish renewable energy developer and long-term asset operator, founded in 1988 as the renewable energy division of the diversified Grupo Uriel conglomerate. The company develops, finances, constructs and operates renewable energy generation assets under a Build, Own & Operate (BOO) model, and has promoted projects totaling more than 740 MW across hydroelectric, onshore wind, solar photovoltaic and landfill biogas technologies. URIEL's business is geographically diversified across ten countries in Europe (Spain, Poland, Finland), North America (USA, Puerto Rico, Mexico), the Caribbean (Barbados) and South America (Chile, Colombia, Paraguay), supported by country-level management and a multilingual corporate presence.

The technology stack combines four proven renewable generation technologies with battery energy storage and hybrid configurations. Flagship assets and milestones include a 4.4 MW mini-hydro plant in Sarria (1993), a 19.8 MW wind farm (2000), the integration of biogas in 2010 through subsidiary Energía Sur de Europa (ENERSUR), a 27 MWp solar project in Puerto Rico (2014), 172 MWp awarded in Puerto Rico (2021), 165 MW of wind commissioned in Poland (2022), 200 MW of BESS consortium activity in the USA (2023), and the first hybrid solar-biogas project connected in Spain (2024). ENERSUR provides internal construction and O&M capability for the biogas portfolio and increasingly for hybrid assets.

URIEL generates revenue through the long-term sale of energy from owned and operated generation assets to utilities, grid operators and offtakers, complemented by project development fees, asset rotation proceeds (exemplified by the 2018 sale of 200 MW of Spanish wind) and the gradual build-out of BESS and hybridization. Customer access is project-specific and B2B, anchored by tenders, auctions (Puerto Rico) and power purchase arrangements. Pricing is not publicly disclosed, and the company does not pursue consumer-facing distribution channels, relying instead on the corporate website and direct institutional engagement for origination.

Name

URIEL

Legal name

URIEL RENOVABLES, S.A.

Website

https://urielrenovables.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

URIEL Renovables, S.A. is a privately-held Spanish renewable energy developer and long-term asset operator, building, owning and operating hydroelectric, wind, solar photovoltaic, biogas and BESS projects totaling 740+ MW across ten countries for utilities and institutional investors.

Ownership category

akta.pro rank

Product category

Renewable Energy Project Development

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111), Biomass Electric Power Generation (221117)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)

Keywords

• Renewable energy projects
• Wind farm development
• Solar photovoltaic
• Biogas generation
• Hydroelectric plants

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Renewable Energy Project Development and Operation: The company develops, finances, constructs, and operates renewable energy projects under a Build, Own & Operate (BOO) model. Revenue is generated from energy production and sale, as well as project development and asset operation across various technologies including hydroelectric, wind, solar photovoltaic, and biogas.

Marketing channels2 records

Core offering

URIEL Renovables develops, finances, constructs, and operates renewable energy projects across hydroelectric, wind, solar photovoltaic, biogas, and battery energy storage technologies under a Build, Own & Operate (BOO) model. The company manages the full project lifecycle from greenfield development through long-term asset operation across more than 10 countries in Europe, North America, South America, and the Caribbean. Biogas operations are conducted through its wholly-owned subsidiary Energía Sur de Europa (ENERSUR).

Product overview

URIEL Renovables is a renewable energy project developer and operator offering a diversified portfolio of generation technologies. The company operates across four main technology segments: small hydro (mini-hydraulic plants), wind farms (onshore), solar photovoltaic, and biogas generation. Additional capabilities include battery energy storage systems (BESS) and hybrid energy projects combining multiple technologies. The business model covers all project phases from greenfield development through financing, construction, and long-term operation (Build, Own & Operate). Biogas operations are managed through subsidiary Energía Sur de Europa (ENERSUR). The company has promoted projects totaling more than 740 MW across Europe, North America, South America, and the Caribbean.

Differentiator

Problem solved

Functional benefit

Products and services

• Small Hydro / Mini-Hydraulic Plants Small-scale hydroelectric generation projects including the first 4.4 MW mini-hydraulic plant in Sarria, Spain (1993), developed, financed, constructed, and operated under the BOO model.
• Wind Farm Development Onshore wind farm projects from greenfield development through financing, construction, and long-term operation, including the first 19.8 MW wind farm in Spain (2000) and 165 MW of wind farms in Poland (2022).
• Solar Photovoltaic Solar photovoltaic power generation projects including the first 27 MWp international project in Puerto Rico (2014) and 172 MWp awarded in Puerto Rico auction (2021).
• Biogas Generation Landfill biogas generation projects operated through subsidiary Energía Sur de Europa (ENERSUR), which handles construction, operation, and maintenance (O&M) with specialized personnel.
• Battery Energy Storage Systems (BESS) Energy storage solutions through Battery Energy Storage Systems, with consortia launched in the USA in 2023 for BESS development (200 MW capacity).
• Hybrid Energy Projects Integrated renewable energy projects combining multiple technologies, such as the first hybrid solar and biogas project connected in Spain (2024).

Quantifiable outcome

• Over 740 MW of renewable energy projects promoted across various technologies

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Energía Sur de Europa (ENERSUR)coreStrategic or Co-development Partner · 1 January 2010ENERSUR is a subsidiary of URIEL Renovables that handles the construction and Operation & Maintenance (O&M) of landfill biogas generation projects with specialized personnel. This represents the company's vertical integration strategy for biogas technology.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Audax Renovables: Spanish renewable energy and retail electricity group developing and operating wind, solar and biomass assets across Iberia and Europe; similar mid-scale IPP profile to URIEL with overlapping geographies.
• Grenergy Renovables: Spanish mid-cap multi-technology renewable developer (wind, solar, storage) with a heavy Latin America footprint; comparable in scale, technology diversification and emerging-market focus to URIEL's Iberian-LatAm orientation.
• Scatec ASA: Norway-based renewable energy developer and operator focused on emerging markets across Latin America, Africa and Asia with solar, wind and storage; comparable to URIEL's emerging-market, multi-technology, project-development model.
• Acciona Energía: Madrid-headquartered multi-technology renewable energy developer and operator (wind, solar, hydro, biomass) with international footprint; the closest direct comparable to URIEL given shared Spanish origin, BOO/IPP model and diversified technology mix.
• Solaria Energía y Medio Ambiente: Madrid-based solar PV developer and operator active in Spain and southern Europe; comparable to URIEL's Iberian PV operations and IPP-style ownership model, although narrower in technology scope.
• Cox Energy (Cox ABG Group): Iberian-Latin American solar and renewable developer with project pipeline in Chile, Colombia and other LatAm markets; comparable to URIEL's Latin American PV expansion and tender-driven growth model.
• EDP Renováveis: Iberian-headquartered wind and solar IPP with global multi-technology portfolio and active pipeline in Poland, USA and Latin America, closely mirroring URIEL's geographic diversification and project-development focus.

Broad incumbents

• Enel Green Power: Global multi-technology renewable subsidiary of Enel, one of the world's largest wind, solar, hydro and geothermal operators; a much larger incumbent that competes with URIEL for tenders and PPA off-takers across many of the same 10 countries.
• Iberdrola Renovables: Spanish-headquartered global renewable energy leader with extensive wind, hydro and solar portfolio worldwide; sets competitive benchmarks for Spanish IPPs and frequently competes in the same US, Latin American and Polish tenders as URIEL.
• Scatec / Engie Renewables / RWE Renewables (alternative global peers): Large global utilities and energy majors with significant multi-technology renewable portfolios across Europe, the Americas and Africa that compete with URIEL for tenders, project finance and BESS opportunities in overlapping geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/iniciativas-energeticas

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 URIEL