CANARAGUA

What CANARAGUA does

CANARAGUA (legal name Canaragua Concesiones S.A.) is a regulated water cycle management company headquartered in Santa Cruz de Tenerife, Spain, founded in 1990 and operating as a subsidiary of the Veolia group. The company provides complete urban water cycle services — intake, potabilization, distribution, consumption tracking, sewerage, wastewater treatment, reuse, and environmental return — to residential customers, businesses, and municipal governments across at least nine Canary Island municipalities including El Sauzal, Pájara, La Orotava, San Bartolomé de Tirajana, San Mateo, Santa Cruz de La Palma, Santa Lucía, Tazacorte, and Arona. Revenue is generated primarily through regulated municipal utility tariffs structured as subscription/recurring revenue, with additional managed services revenue from green area maintenance (Canaragua Medioambiente, covering 1.3 million sq m in San Bartolomé de Tirajana since 1997) and municipal infrastructure works (Servicio de Obras Municipales in La Orotava since 2008).\n\nThe company's core product platform, Gestión del Ciclo del Agua, integrates with an online customer portal (Área de Clientes / Oficina Virtual) that supports digital billing, meter reading submission, contract management, and consumption history. Supporting modules include Plan 12 Gotas (flat-rate 12-month payment), SVisual (visual service updates and incident maps), Programa CONTIGO (vulnerability support), and a B2B portal at canaragua-empresas.es. The organization employs 161 people organized across management, technical planning, administration, and operational functions, with consolidated teams averaging more than 10 years of service in longer-tenured municipal contracts. Quality, environmental, and occupational health and safety management systems are certified to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, with additional ESG positioning through Bequal Plus and BiObserva national recognitions.\n\nThe go-to-market model is concession-driven rather than commercial sales: customer acquisition occurs through municipal government tenders and long-term concession agreements that grant exclusive territorial service rights. As a Veolia subsidiary, the company leverages group-level technology, brand, and best practices while maintaining a local Canary Islands operational focus. Distribution to end users operates through the digital self-service portal and WhatsApp Business customer service channels, while professional services are delivered via a dedicated B2B portal.

Name

CANARAGUA

Legal name

Canaragua Concesiones S.A.

Website

https://canaragua.es

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

CANARAGUA is a Canary Islands–based, Veolia-owned water cycle management concessionaire providing water supply, sewage, purification, and reuse services to municipalities, residential customers, and businesses across at least nine municipalities, with ancillary green area maintenance and municipal works services.

Ownership category

akta.pro rank

Product category

Water Utility Services

NAICS

Water Supply and Irrigation Systems (221310), Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (22131), Sewage Treatment Facilities (22132)

SIC

Water Supply (4941), Electric, Gas & Sanitary Services (4900), Sanitary Services (4950), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Water Quality Monitoring, Compliance & Reporting (Sampling, Lab, Regulatory) (EUANAAAG)

Keywords

• Water utility services
• Municipal water concessions
• Wastewater treatment
• Environmental maintenance
• Urban water cycle

Headquarters

HQ city

Santa Cruz de Tenerife

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Water Supply and Sewage Services: CANARAGUA operates as a concessionaire providing water cycle management services including water supply, sewage, and purification services to municipalities. Revenue is generated through regulated utility tariffs charged to residential, commercial, and industrial customers in serviced municipalities.
2. Environmental Services: Green area maintenance and conservation services for municipalities, including pruning, irrigation, lawn maintenance, and phytosanitary treatments. Provided since 1997 to San Bartolomé de Tirajana.
3. Municipal Works Services: Maintenance and conservation services for municipal property including street maintenance, signage, urban furniture, cemeteries, vehicle fleet, and municipal events support.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

CANARAGUA is a water utility concessionaire providing comprehensive urban water cycle management — capture, potabilization, distribution, consumption monitoring, sewerage, purification, reuse, and environmental return — to municipalities across the Canary Islands. Through its sub-brand Canaragua Medioambiente it maintains 1,300,000 m² of green areas in San Bartolomé de Tirajana, and through Servicio de Obras Municipales it delivers municipal infrastructure maintenance (streets, signage, cemeteries, fleet) in La Orotava. Customers access accounts, meter readings, billing, and service requests via the digital Oficina Virtual customer portal.

Product overview

CANARAGUA operates as a comprehensive water cycle management company and part of the Veolia group, offering a unified portfolio of services centered on urban water cycle management (captación, potabilización, distribución, alcantarillado, depuración, reutilización, retorno) through its core Gestión del Ciclo del Agua platform. The company extends its portfolio with two specialized sub-brands: Canaragua Medioambiente for green area maintenance services (1,300,000 m2 in San Bartolomé de Tirajana) and Servicio de Obras Municipales for municipal infrastructure maintenance in La Orotava. Customers access services primarily through the Área de Clientes (Oficina Virtual) customer portal, which integrates additional modules including Factura Digital e-billing, Plan 12 Gotas flat-rate payment, meter reading submission, and SVisual service tracking. The portfolio is complemented by customer support programs such as Programa CONTIGO and Customer Counsel.

Differentiator

Problem solved

Functional benefit

Brands

• Canaragua Medioambiente: Environmental services division providing maintenance and conservation of green zones, including pruning, watering, lawn mowing, phytosanitary treatments, and park maintenance services
• Servicio de Obras Municipales

Products and services

• Gestión del Ciclo del Agua (Water Cycle Management) Comprehensive urban water cycle management services including water intake (captación), potabilization, distribution, consumption tracking, sewerage, wastewater treatment (depuración), water reuse, and environmental return. Provided to municipalities, residential, and commercial customers under regulated concession agreements in the Canary Islands.
• Canaragua Medioambiente (Green Area Maintenance Services) Environmental maintenance and conservation of green areas for the municipality of San Bartolomé de Tirajana, covering 1,300,000 m² including tree pruning, irrigation, lawn mowing, phytosanitary treatments, park maintenance, and landscape management. Delivered by a dedicated team of 80+ professionals.
• Servicio de Obras Municipales (Municipal Works Services) Municipal infrastructure maintenance for La Orotava including repair of public roads, plazas, and municipal buildings; horizontal and vertical signage; urban furniture maintenance; cemetery management; and municipal vehicle fleet (18 vehicles) maintenance. Delivered by a consolidated team of 35 staff with average tenure above 10 years.
• Área de Clientes / Oficina Virtual (Customer Portal) Online customer portal enabling users to submit meter readings, pay bills, manage supply contracts (alta, baja, cambio de titular), request connections, view consumption history, update personal and bank details, and access digital billing and service notices.

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• VeoliacoreStrategic or Co-development PartnerCANARAGUA is part of the Veolia group, a global leader in optimized resource management. The partnership provides access to Veolia's global expertise in water, waste, and energy management. CANARAGUA operates as a subsidiary under the Veolia brand, benefiting from the parent's technological resources, best practices, and brand recognition in environmental services.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hidralia (Sacyr Concesiones): Spanish water utility concessionaire serving municipalities with integrated water supply, sanitation, and customer-facing digital services.
• Acciona Agua: Spanish water treatment and desalination specialist operating concessions and EPC water projects, with overlapping municipal and industrial customer base in Spain.
• Aigües de Barcelona: Municipal water utility concessionaire offering full-cycle water management, customer portal, and social tariff programs analogous to Canaragua's offering.
• Aqualia (FCC): Spain's largest private water utility serving municipalities with end-to-end water cycle management, directly comparable to Canaragua's core service offering.
• Global Omnium / Grupo Aguas de Valencia: Spanish municipal water concessionaire providing integrated water supply, sanitation, and reuse services across multiple Spanish regions.

Broad incumbents

• Canal de Isabel II: Madrid region's public water utility providing comprehensive water cycle management and municipal environmental services at much larger scale than Canaragua.
• Suez: Global water and waste management operator running municipal concessions with comparable water cycle, sewage treatment, and digital metering offerings.
• Veolia Environnement: Global environmental services leader and parent company of Canaragua; directly comparable water utility concession and municipal services business across multiple geographies.

Regional players

• Consorcio de Abastecimiento de Aguas a Fuerteventura: Canary Islands public water consortium managing water supply across Fuerteventura; comparable island-region municipal water operator.
• Emalsa: Canary Islands water utility serving the Las Palmas metropolitan area; directly comparable regional concessionaire competing in the same island market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Canaragua
• LinkedInlinkedin.com/company/canaragua

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 CANARAGUA