What Hyperion Renewables does

Hyperion Renewables is a Lisbon-headquartered Independent Power Producer founded in 2006 that develops, finances, constructs, and operates utility-scale renewable energy projects across Iberia and Central and Eastern Europe. The company has developed more than 770 MW of renewable energy projects with secured grid connections and currently has more than 300 MW of assets in operation or under construction, with a 3.7 GW development pipeline spanning solar photovoltaic, onshore wind, battery energy storage systems (BESS), and renewable gases (green hydrogen). Hyperion's activities are concentrated in Portugal and Spain with a growing presence in Romania, and the company delivers services across the full renewable value chain.

Its technology portfolio centers on hybrid renewable systems that integrate solar PV, wind, and battery storage at single grid connection points — exemplified by Project Theia (~300 MW) anchored by the Cavaleira flagship — alongside six operational solar PV plants totaling approximately 50 MWp, the 31.5 MW Nortada wind farm under construction with Vestas, 16 MW of BESS projects awarded PRR funds, and the H2 Setúbal green hydrogen pilot (9 MW). Hyperion was an early mover in Portuguese renewable auctions (winning 7 batches in 2011) and secured the first long-term private PPA in Iberia (2017).

Hyperion generates revenue through multiple streams: long-term electricity sales under PPAs as an IPP (its largest revenue line), co-development services for partners (permitting, contracting, financial structuring), EPC management and EPC tender support, and asset management services including performance monitoring, optimization, and re-financing. The GTM motion is B2B enterprise field sales targeting utilities, institutional investors, and renewable energy developers in Iberia and CEE. Mirova became a strategic shareholder in 2023 with a €140M equity investment, and the company has subsequently closed €210M in project debt for Project Theia. Hyperion is privately held, with founders Pedro Bastos Rezende (Executive Chairman, ex-EDP, ex-Kearney) and João Talone (co-founder, ex-EDP CEO) maintaining leadership roles alongside CEO Aytea Alvarez-Amandi.

Name

Hyperion Renewables

Legal name

Hyperion Renewables

Website

https://hyperionrenewables.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Hyperion Renewables is a Lisbon-headquartered Independent Power Producer that develops, finances, and operates utility-scale solar, wind, battery storage, and green hydrogen projects across Iberia and CEE, with over 300 MW operational or under construction and a 3.7 GW development pipeline.

Ownership category

akta.pro rank

Product category

Renewable Energy Development

NAICS

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

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)

akta.pro secondary industries

Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy) (EUAMAAAE), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC)

Keywords

• Solar energy development
• Renewable energy projects
• Wind power generation
• Battery energy storage
• Green hydrogen production

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Renewable energy generation and sale: As an Independent Power Producer (IPP), Hyperion generates revenue through the operation of renewable energy assets, selling electricity under Power Purchase Agreements (PPAs) or to the grid.
2. Development and co-development services: Providing co-development services to partners including permitting, contracting, and financial structuring activities to bring projects to Ready-to-build and then Operation.
3. EPC management and construction: Management of the entire process during construction of assets and their respective grid connection infrastructure.
4. Asset management services: Asset performance monitoring and optimization with reporting, re-financing and asset optimization services.
5. EPC tender support: End-to-end EPC tender process support from definition of tender book, RFP management, technical evaluation, proposal review, negotiation, and closing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Hyperion Renewables is an Independent Power Producer (IPP) that develops, finances, constructs, and operates utility-scale renewable energy projects across Iberia and CEE. The company develops solar photovoltaic, wind, battery energy storage (BESS), and green hydrogen projects, and provides co-development, EPC management, asset management, and EPC tender support services to partners and clients in the renewable energy value chain.

Product overview

Hyperion Renewables is an Independent Power Producer (IPP) founded in 2006, headquartered in Lisbon, Portugal. The company operates a portfolio of renewable energy projects and provides services across the renewable value chain. Their product/service portfolio includes: (1) Projects in operation/under construction including six solar photovoltaic plants (Celorico A, Moura B, Alcoentre, Viseu, Fundão, Santo Estevão) totaling approximately 50 MW; (2) Hybrid renewable projects combining solar, wind and battery storage (Cavaleira and Vale de Moura as part of Project Theia with ~300 MW); (3) Wind projects (Nortada wind farm with 31.5 MW); (4) Green hydrogen (H2 Setúbal with 9 MW); (5) BESS projects (16 MW). Services offered include Co-Development, EPC Management, Asset Management, and EPC Tender support. Technologies include Solar, Wind, Storage (BESS), and Renewable Gases. Geographic presence spans Portugal, Spain, and Romania.

Differentiator

Problem solved

Functional benefit

Products and services

• Co-Development Services Support services for partners across permitting, contracting, and financial structuring activities to bring renewable energy projects from development to Ready-to-build and Operation. Targeted at renewable energy developers, utilities, and investors.
• Engineering, Procurement and Construction (EPC) End-to-end management of the construction process for renewable energy assets and their grid connection infrastructure. Targeted at project owners, developers, and investors requiring construction execution.
• Asset Management Services Ongoing asset performance monitoring, optimization, reporting, re-financing, and asset optimization services for operating renewable energy assets. Targeted at asset owners, financial investors, and infrastructure funds.
• EPC Tender Services

Quantifiable outcome

• 520,000 tons of CO2 emissions avoided per year compared to coal
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• VestascoreTechnology or Integration · 25 March 2026Vestas is providing wind turbines for the Nortada wind farm project - seven Vestas turbines with total installed capacity of 31.5 MW. This is a technology partnership for turbine supply and installation.
• WindparkcoreStrategic or Co-development Partner · 25 March 2026Windpark is a partner in the Nortada wind farm project in Central Alentejo, Portugal, working alongside Hyperion Renewables and Vestas on this hybrid renewable energy project.
• APRENminorOthersPortuguese Renewable Energy Association - appears as a client/partner on services page.
• AxpominorOthersAppears as a client/partner on services page - Swiss energy company.

Scale indicators15 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• Engie: Engie is a global utility with significant renewables generation, including utility-scale solar and storage in Iberia and CEE. Comparable as a broad incumbent utility competitor for the same grid interconnections, auctions, and corporate PPAs that Hyperion targets.
• Iberdrola Renovables: Iberdrola is one of the world's largest renewable energy operators with deep Iberian roots and significant wind and solar generation assets. Comparable as a wide-portfolio incumbent competitor bidding for the same grid capacity, auctions, and PPAs as Hyperion, though much larger and diversified.
• Statkraft: Statkraft is the largest European renewable energy generator with growing solar and wind IPP activity in Iberia and CEE. Comparable as a large-scale renewable IPP operating in similar grid markets and competing for the same offtake and grid-connection opportunities.

Direct peers

• Sonnedix: Sonnedix is a pan-European solar IPP with several hundred MW operating across Iberia and other OECD markets. Directly comparable to Hyperion as a solar-focused independent power producer with co-development and asset management services.
• Lightsource bp: Lightsource bp is a global utility-scale solar development and IPP platform with significant Iberian and European exposure. Closely matches Hyperion's model of greenfield development, project finance, co-development partnerships, and asset management.
• Audax Renovables: Audax is an Iberian small-cap renewables developer and energy retailer building out utility-scale solar and PPA-backed generation in Spain and Portugal. Comparable as an Iberian-focused renewables developer competing for similar auction, grid, and PPA opportunities as Hyperion.
• EDP Renováveis (EDPR): EDPR is the largest Iberian-headquartered renewables IPP with a multi-GW pipeline spanning solar, wind, and storage. Directly comparable as a utility-scale renewables developer and IPP operating in the same Iberian geographies as Hyperion.
• ib vogt: ib vogt is a German-headquartered utility-scale solar developer and IPP with project development, financing, and asset management across Europe. Directly comparable to Hyperion in scope of services, technology focus, and the IPP operating model.
• Capital Clean Energy Carriers (CCE Energy / Capital Product Partners): Capital Clean Energy owns and operates utility-scale solar and storage assets in Iberia and other European markets. Comparable as a solar-focused IPP with asset management and co-development activity overlapping with Hyperion's service lines.
• Acciona Energía: Acciona Energía is an Iberian-listed renewable IPP with utility-scale solar, wind, and storage assets across Iberia, CEE, and the Americas. Comparable as a multi-technology renewables developer operating with PPAs and merchant exposure, similar to Hyperion's footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hyperion-energy-investments

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Hyperion Renewables