Ignis
Ignis is a privately-held Spanish energy company group that supplied electricity to small and medium-sized enterprises via its Ignis Luz division (sold to ENGIE in March 2026) and develops renewable energy projects under long-term power purchase agreements with industrial and data centre customers such as Equinix.
- Company typePrivate
- Founded1990
- HeadquartersSunnyvale, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Ignis does
Ignis is a privately-held Spanish energy company group operating across two principal lines: B2B energy supply to small and medium-sized enterprises through its Ignis Luz division, and renewable energy development with long-term power purchase agreements (PPAs) for large industrial and technology customers. The Ignis Luz division established itself as a reference player in the Spanish SME energy market within five years of launch, becoming a recognised supplier in that channel. In March 2026, French energy major ENGIE acquired 100% of Ignis Luz, exiting the SME retail supply line for the Ignis group. Outside that division, Ignis operates as a renewable energy developer, having signed a 225 MW PPA with Equinix in 2024 to supply renewable electricity to data centres in Spain, a deal positioned to absorb excess renewable generation and mitigate solar price cannibalisation in the country's emerging data centre ecosystem.
The company's business model is built on long-duration B2B energy contracts: short-tail SME supply relationships on the Ignis Luz side, and long-dated wholesale PPAs anchoring renewable offtake on the developer side. Critical evidence is thin: revenue is not disclosed, headcount and pricing are not disclosed, and the firmographic profile (Sunnyvale, 10,000+ employees, 1990 founding) conflicts with the operational data and may reflect a different entity. The ignis.com domain is currently listed for resale on BrandBucket at $891,155, indicating the primary corporate web presence is not active. Following the March 2026 ENGIE transaction, the remaining Ignis entity appears positioned as a Spain-based renewable energy developer focused on data centre and industrial PPAs, with M&A activity dating back to the 2000s (Photonyx 2003, Syntune 2009, Gemfire 2009) signalling an inorganic growth history that is not represented in current operations.
Ignis firmographics
Firmographics- Name
- Ignis
- Website
- https://ignis.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Ignis is a privately-held Spanish energy company group that supplied electricity to small and medium-sized enterprises via its Ignis Luz division (sold to ENGIE in March 2026) and develops renewable energy projects under long-term power purchase agreements with industrial and data centre customers such as Equinix.
- Ownership category
- akta.pro rank
Ignis industry classification
Industry- Product category
- Energy Supply Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD)
Keywords
Where Ignis is headquartered
LocationHeadquarters
- HQ city
- Sunnyvale
- HQ country
- United States
- HQ region
- North America
Markets served
Ignis business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel
Ignis product offering
Product offeringCore offering
Ignis is a Spanish energy company group that supplies energy to small and medium-sized enterprises (SMEs) through its Ignis Luz division and develops renewable energy projects under long-term power purchase agreements (PPAs). The group established Ignis Luz as a reference SME energy supplier in Spain within five years and signed a 225 MW PPA with Equinix to supply renewable energy to data centres.
Product overview
Ignis is an energy group with a specialized division called Ignis Luz that focuses on energy supply to small and medium-sized enterprises (SMEs) in Spain. The company has been referenced as a renewable energy developer and has established power purchase agreements (PPAs) with technology companies. Note: The ignis.com domain appears to be currently listed for sale on BrandBucket, indicating the primary corporate website may not be operational or the company operates under a different web presence.
Differentiator
Problem solved
Functional benefit
Products and services
- Ignis Luz SME Energy Supply Energy supply services to small and medium-sized enterprises (SMEs) within the Spanish energy market, providing contracted energy procurement and supply for business operations. The division was acquired by ENGIE in March 2026.
- Renewable Energy Power Purchase Agreements (PPAs) Long-term renewable energy supply contracts (PPAs) structured for corporate buyers such as hyperscale data centre operators, with 225 MW contracted to Equinix for data centre renewable energy supply in Spain.
Companies that use Ignis
Customer profileSegments1 record
Ideal customer profiles2 records
Ignis technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ignis partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EquinixminorPPA agreement between Equinix and Ignis for 225 MW of renewable energy to help absorb excess renewable generation and mitigate price cannibalisation caused by solar penetration. The deal is part of Spain's emerging data centre ecosystem.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
Ignis competitors and assessment
Company assessmentBroad incumbents
- Statkraft: Europe's largest renewable energy generator and a leading PPA originator; competes with Ignis in Spanish PPA origination and flexible renewable offtake structuring for hyperscalers and corporates.
- Naturgy: Spanish incumbent gas and electricity retailer with significant SME and industrial customer book; comparable to Ignis Luz's SME energy supply business and a potential acquirer of similar Spanish retail supply assets.
- Endesa (Enel Group): Dominant Spanish electric utility with both generation and retail supply across SMEs; a benchmark comparable for Spanish energy supply scale and a relevant counterparty for renewable PPAs in Spain.
- Iberdrola Renovables: Largest renewable energy developer in Spain and a global incumbent utility; overlaps with Ignis in Iberian solar/wind development and corporate PPA origination, but at materially greater scale and geographic breadth.
- EDP Renováveis: Major Iberian-headquartered renewable developer with significant solar and wind capacity in Spain; competes with Ignis for solar PPA deals in the same Iberian market and serves corporate offtake customers.
Direct peers
- Acciona Energía: Spanish-headquartered renewable energy developer and IPP with a significant PPA portfolio across wind and solar in Iberia; directly comparable to Ignis as a Spanish renewables developer originating long-term corporate and utility offtake contracts.
- Audax Renovables: Spanish vertically integrated renewable developer and energy retailer serving SMEs and small industrials in Spain; the closest pure comparable to Ignis's Ignis Luz SME supply business and its renewable origination activity.
- Solarpack: Spanish solar PV developer focused on utility-scale projects and corporate PPAs in Iberia; directly comparable to Ignis's renewable development and PPA origination activity in the Spanish solar market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Ignis social profiles
Digital presenceIgnis financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ignis leadership team
Management profileNumber of profiles
Profiles1 record
Ignis subsidiaries and ownership
Company hierarchySubsidiaries1 record
Ignis funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ignis M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ignis
What does Ignis do?
Ignis is a Spanish energy company group that supplies energy to small and medium-sized enterprises (SMEs) through its Ignis Luz division and develops renewable energy projects under long-term power purchase agreements (PPAs). The group established Ignis Luz as a reference SME energy supplier in Spain within five years and signed a 225 MW PPA with Equinix to supply renewable energy to data centres.
Is Ignis a public or private company?
Ignis is a private company. It is classified as unknown and is currently operating.
When was Ignis founded?
Ignis was founded in 1990. It employs 5,001 to 10,000 people.
Where is Ignis based?
Ignis is headquartered in Sunnyvale, United States, in the North America region.
Who are Ignis's main competitors?
Broad incumbents on record are Statkraft, Naturgy, Endesa (Enel Group), Iberdrola Renovables and EDP Renováveis. Direct peers are Acciona Energía, Audax Renovables and Solarpack.
Does Ignis have an API?
No public API is recorded for Ignis.
What industry is Ignis in?
Ignis's product category is Energy Supply Services. Its primary akta.pro industry code is EUAMAMAD, PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves). Its NAICS code is 2211 and its SIC code is 4911.