Capital Energy

What Capital Energy does

Capital Energy is a privately held Spanish renewable energy company founded in 2002 and headquartered in Pozuelo de Alarcón (Madrid) that operates as a vertically integrated 100% renewable electricity company across the Iberian Peninsula. Its core platform spans project promotion and development, construction, generation and operations, energy storage, green hydrogen, and retail commercialization through the Capital Energy Comercializadora subsidiary. The company develops utility-scale wind farms and photovoltaic plants with a pipeline of approximately 30-38 GW, eight named operating wind projects (La Herrada, Las Mareas, Canales Sur, El Castillar, Joluga, Maragouto, Banzas, Loma de los Pinos) and pursues a 200 MW hydrogen electrolyser in Baltanás plus three AaaS-awarded green hydrogen projects totaling 250 MW.

The business model combines long-term Power Purchase Agreements with industrial and utility offtakers (Statkraft fifth PPA, Alcoa pre-agreement from 2024), subscription-based retail electricity supply to homes and businesses, turnkey self-consumption solar installations for residential and commercial customers (Autoconsumo), and emerging hydrogen, ammonia, and storage revenue streams. Distribution is multi-channel: 16 offices across 44 Spanish provinces and 11 Portuguese districts, B2B enterprise sales teams, a direct-to-consumer retail arm, and a EUR 20 million corporate venturing vehicle (Capital Energy Quantum) executing EnergyTech pilots. Capital intensity is high, with a stated EUR 10+ billion investment plan to deliver approximately 13 GW of operational renewable capacity by 2025, financed through project-level capital, government subsidies (EUR 439.4 million in green hydrogen awards), and partnerships including Nordex (turbines), Verbund Green Power Iberia (Loma de los Pinos joint development), BlueFloat Energy (offshore wind), Lhyfe (offshore hydrogen), GE Renewable Energy, and Google Cloud (digitalization).

Name

Capital Energy

Legal name

Capital Energy Holding Company, S.A.U.

Website

https://capitalenergy.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

Capital Energy is a Spanish vertically integrated renewable energy company developing, building, operating, storing, and retailing 100% clean electricity across the Iberian Peninsula via wind, solar, and green hydrogen projects serving industrial, commercial, and residential customers.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)

akta.pro primary industry

Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)

akta.pro secondary industries

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD), Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB)

Keywords

• Renewable energy generation
• Wind farm development
• Solar photovoltaic projects
• Energy storage solutions
• Green hydrogen production

Headquarters

HQ city

Pozuelo De Alarcón

HQ country

Spain

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreements (PPAs): Long-term power purchase agreements with corporate offtakers, utilities, and industrial consumers for electricity generated from wind farms and solar plants. The company has signed multiple PPAs with partners including Statkraft (fifth PPA for La Herrada wind farm), and pre-agreements with Alcoa for supply from Galicia wind farms starting 2024.
2. Retail Energy Supply: Following launch of retail arm in Q4 2020, Capital Energy supplies 100% renewable electricity directly to end consumers (homes and businesses) as an independent green energy provider.
3. Self-Consumption Installations: End-to-end solar self-consumption solutions for residential, commercial, and industrial customers including initial technical study, design, installation, and ongoing monitoring. Customers can also store excess energy or sell surplus back to the grid.
4. Green Hydrogen and Ammonia Production: Capital Energy is developing green hydrogen production facilities including a 200MW electrolyser plant producing up to 27,720 tonnes of green hydrogen annually, converted into 155,960 tonnes of green ammonia for industrial offtakers.
5. Energy Storage Solutions: Sustainable energy storage technologies to help integrate renewable energy and provide manageability to the energy system, ensuring supply and quality for end customers.
6. Corporate Venturing Returns: Capital Energy Quantum corporate venturing fund generates returns through equity investments in EnergyTech startups via Venture Client, Venture Capital, and Venture Building models.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels10 records

Core offering

Capital Energy is a vertically integrated 100% renewable energy company that develops, builds, and operates utility-scale wind farms and photovoltaic plants across the Iberian Peninsula (approximately 30 GW project pipeline). The company offers energy storage solutions (electrochemical, chemical, mechanical, thermal, electric), green hydrogen production via a 200 MW electrolyser facility, self-consumption solar installations for residential and commercial customers, and retail electricity supply through its Capital Energy Comercializadora arm. It also operates Capital Energy Quantum, a EUR 20 million corporate venturing vehicle for EnergyTech investments.

Product overview

Capital Energy is a vertically integrated 100% renewable energy company operating across the entire value chain from development and construction to generation, storage, and retail supply. The core product portfolio includes wind farm and solar photovoltaic development (with projects totaling approximately 30-35 GW in pipeline), energy storage solutions using multiple technologies, and green hydrogen production. For end customers, the company offers self-consumption solar installations (Autoconsumo) for residential and business use, along with energy retail supply. Supporting services include corporate venturing through Capital Energy Quantum (EUR 20M fund), in-house innovation using AI/VR/AR/blockchain technologies, and the Capital Energy Foundation for social impact initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Capital Energy Quantum: Corporate venturing vehicle investing in EnergyTech startups with €20 million fund (2020-2025).
• Capital Energy Energy Services
• Capital Energy Foundation

Products and services

• Autoconsumo (Self-Consumption Solar)

Quantifiable outcome

• Over 108,300 tons of CO2 emissions prevented annually by Las Mareas wind farm alone
• +9 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

17 partnerships are on record, tiered core and minor.

• Nordex GroupcoreTechnology or Integration · 27 December 2023Capital Energy purchased wind turbines from Nordex Group for their first wind farms in Aragon: Las Mareas I and Las Mareas II.
• IkerlancoreTechnology or Integration · 4 September 2023Ikerlan and Capital Energy signed a framework agreement to combine knowledge, resources and capabilities to accelerate adoption of digital technologies and promote integration of renewable energy sources, building a more sustainable, efficient and resilient energy future.
• StatkraftcoreGTM or Marketing Partner · 21 July 2023Capital Energy and Statkraft signed their fifth PPA in Spain for La Herrada wind farm (51 MW). Statkraft is Europe's largest renewable energy company and leading international energy trader.
• LhyfecoreStrategic or Co-development Partner · 9 June 2023Capital Energy and Lhyfe (one of the world pioneers in green hydrogen production and offshore hydrogen generation projects) signed a collaboration agreement to jointly develop marine renewable hydrogen projects in Spain and Portugal associated with offshore wind farms.
• BlueFloat EnergycoreStrategic or Co-development Partner · 17 June 2022Capital Energy and BlueFloat Energy joined forces in Tenerife to promote the first offshore wind farm in Spanish port waters (Granadilla offshore wind farm). BlueFloat develops offshore wind energy projects globally using a local approach.
• GE Renewable EnergyminorStrategic or Co-development Partner · 6 June 2022GE Renewable Energy joined the agreement signed by Capital Energy, Emobi Industries and Sodical to boost the re-industrialisation of El Bierzo. Expected to supply turbines for Capital Energy's wind farms in Castilla y Leon, considering Emobi Industries as a priority partner.
• Google CloudcoreTechnology or Integration · 8 April 2022Strategic alliance with Google Cloud to drive the digitalisation of Capital Energy's 100%-renewable project over five years with the aim of fast-tracking strategic goals in digitalisation and sustainability.
• Emobi IndustriescoreStrategic or Co-development Partner · 1 January 2022Strategic partnership with Emobi Industries and Sodical (Instituto Financiero de Castilla y Leon) to drive re-industrialisation of El Bierzo region through renewable energy projects.
• AlcoacoreGTM or Marketing Partner · 30 December 2021Capital Energy signed a pre-agreement with Alcoa for the supply of 100% renewable energy from Galicia wind farms to Alcoa's aluminum factory in San Cibrao (Lugo) starting 2024.
• Universidad - Multiple University PartnershipsminorStrategic or Co-development Partner · 22 November 2021Agreements signed with 18 universities throughout Spain to foster training on renewable energies and serve as benchmark company for internships. Foundation plans to launch grant programme linked to specialized master's degrees in renewable energies.
• Verbund Green Power IberiacoreStrategic or Co-development Partner · 13 July 2021Joint development and commissioning of Loma de los Pinos wind farm (39 MW) in Sevilla, Spain. Both companies co-own and operate the project.
• Instituto Energetico de Galicia (Inega)minorGTM or Marketing Partner · 19 May 2021Galician Energy Institute co-subsidized the 30.45 KW photovoltaic installation at Adisbismur occupational center in Outes.
• Adisbismur (Asociacion de Persoas con Discapacidade da Bisbarra de Muros)minorStrategic or Co-development Partner · 16 April 2021Framework agreement with disability association in Galicia to promote social initiatives benefiting employment, social welfare and integration of people with disabilities in the region where Capital Energy develops wind farms.
• EnnomotiveminorStrategic or Co-development Partner · 13 May 2020Capital Energy supported the Ennomotive innovation platform in global development of OxyVita Emergency Ventilator, a low-cost prototype ventilator for hospital ICUs during COVID-19 pandemic.
• ForeticaminorStrategic or Co-development PartnerCapital Energy joined Foretica to continue cementing its commitment to sustainable development, participating in Social Impact, Climate Change and Transparency, Good Governance and Integrity Clusters.
• Grefa (Native Fauna and Habitat Rehabilitation Group)minorStrategic or Co-development PartnerCollaboration with NGO Grefa on conservation campaign related to Montagu's harrier, and installation of 70 photovoltaic panels at Adisbismur occupational center.
• Cluster Maritimo de Canarias (CMC)minorStrategic or Co-development PartnerAgreement with Canary Islands Maritime Cluster to promote offshore wind development in the archipelago.

Scale indicators24 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Repsol Renovables: Renewable energy arm of Spanish oil major Repsol, developing wind, solar, and hydrogen projects across Spain. Comparable to Capital Energy as an Iberian renewable developer, but backed by the balance sheet and refining integration of an integrated oil company.
• EDP Renováveis (EDPR): Portuguese-headquartered global renewable energy developer with strong Iberian presence and wind/solar portfolio. Comparable to Capital Energy's development model and Iberian market exposure, but operates globally and is substantially larger.
• Naturgy: Spanish integrated gas and electricity utility with growing renewable energy portfolio. Comparable in Iberian retail supply and renewable generation, but with a much broader legacy energy portfolio and significantly larger customer base.
• Iberdrola Renovables: Renewable energy division of Spanish utility Iberdrola, one of the world's largest renewable operators. Comparable as a major Iberian renewable player with integrated retail supply, but vastly larger and globally diversified.
• Iberenova (Enel Green Power España): Spanish subsidiary of Enel Green Power developing and operating wind and solar projects in Iberia. Comparable in market focus and vertical integration, but operates as part of the global Enel platform with substantially greater financial firepower.
• Acciona Energía: Spanish renewable energy major and publicly traded spin-off of Acciona, with global wind and solar operations. Comparable to Capital Energy in vertical integration and Iberian focus, but significantly larger and globally diversified.

Direct peers

• Cox Energy: Spanish solar photovoltaic developer with operations in Iberia and Latin America. Closely comparable to Capital Energy's solar-focused development pipeline and Iberian market footprint.
• Audax Renovables: Spanish vertically integrated renewable energy company with both generation and retail supply operations across the Iberian Peninsula. Comparable to Capital Energy in scale, integrated business model, and target customer segments (industrial PPAs + retail supply).
• Solaria Energía: Spanish solar photovoltaic developer and generator with a vertically integrated model spanning development to power generation. Directly comparable to Capital Energy's solar development platform and Iberian market focus.
• Grenergy: Spanish renewable energy developer focused on wind, solar, and storage projects across Iberia and Latin America. Closely comparable to Capital Energy's development-focused model with similar geographic concentration and project scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_CapitalEnergy_
• Facebookfacebook.com/CapitalEnergyEs
• LinkedInlinkedin.com/company/capitalenergy
• Instagraminstagram.com/capital_energy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

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 Capital Energy