What Elmya Energy does

Elmya Energy is the dedicated renewable energy project development arm of Spain-based Elmya Holding, a 300+ person diversified group founded in 1966 as a high-voltage contractor and refocused on renewables from 2005. The company develops utility-scale solar PV, battery storage, wind, and green hydrogen projects from greenfield origination through to ready-to-build (RTB) status, combining direct greenfield origination with selective M&A of ready-to-build assets. Its customer base is B2B and bifurcated: landowners (secured via 20–30 year lease arrangements) and other renewable developers (served via joint development/risk-share partnerships). Group siblings Elmya EPC (construction) and Elmya SII (installation) provide vertical integration into the build phase, while SailH2 holds the green hydrogen business.

Elmya Energy generates revenue through development fees, equity participation in completed projects, and the sale of developed assets to infrastructure investors such as Atlantica Sustainable Infrastructure, with which it formed the 4 GW US-focused joint venture Elmantic in August 2025. Europe operations are anchored from Seville, London and Athens (overseeing a 2.5 GW pipeline in Greece and the UK, targeting 2.5 GW of grid connections over the next 5 years); US operations run from Richmond, Austin and Southlake under Elmya Energy USA, focused on ERCOT and WECC markets. Across its history, the team has connected 3 GW+ to the grid and developed 10+ GW since 2008.

The company's go-to-market is enterprise field sales: direct landowner engagement for land leases and direct outreach to other developers for partnerships, supported by a corporate website, contact forms, and localized email channels. Pricing is project-specific and not publicly disclosed; distribution combines direct sales with channel-style partnerships (developer co-development and the Atlantica JV).

Name

Elmya Energy

Legal name

Elmya Energy

Website

https://elmyaenergy.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

1–10 employees

Short description

Elmya Energy is a renewable energy development platform (subsidiary of Spain's Elmya Holding) that develops utility-scale solar, battery storage, wind, and green hydrogen projects for landowners and partner developers across Europe and North America.

Ownership category

akta.pro rank

Product category

Renewable Energy Development

NAICS

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

SIC

Electric Services (4911)

akta.pro primary industry

Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)

akta.pro secondary industries

Greenfield Site Origination & Land Acquisition (Leases, Easements, Title) (EUAMAAAA), Onshore Wind Power Generation (Utility-Scale) (EUACAFAA), Siting, Resource Assessment & Environmental Tech R&D (Remote Sensing, Wake Modeling, Wildlife Mitigation) (EUAMAOAJ)

Keywords

• Renewable energy development
• Utility-scale solar PV
• Battery storage projects
• Green hydrogen development
• Wind energy development

Headquarters

HQ city

Seville

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Renewable Energy Project Development: Development of utility-scale solar, battery storage, and green hydrogen projects from greenfield through to ready-to-build status. Revenue is generated through project development fees, equity participation in completed projects, and sale of developed assets to investors.
2. Development Partnerships: Strategic partnerships with other developers combining Elmya's access to development funding and technical capabilities. Revenue shared through joint development arrangements.
3. Land Lease Arrangements: Long-term land lease arrangements with landowners (20-30 years) for hosting renewable energy projects, generating passive income for landowners while enabling project development.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Elmya Energy develops utility-scale renewable energy projects (solar PV, battery storage, wind, and green hydrogen) from greenfield conception through to operation. The company combines greenfield development with acquisition of ready-to-build projects, offering turnkey solutions to landowners through long-term land lease arrangements and joint development partnerships with other developers.

Product overview

Elmya Energy is a Renewable Energy Development Platform that offers a portfolio of renewable energy development services and projects. The core offerings include solar PV development, battery storage, green hydrogen, and wind energy projects, developed through both greenfield development and development partnerships. The company also operates Elmantic, a joint venture with Atlantica Sustainable Infrastructure focused on developing 4 GW of US renewable energy projects. Services are delivered to landowners, developers, and communities across Europe and North America.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar PV Development
• Battery Storage Project Development
• Green Hydrogen Project Development
• Wind Energy Project Development
• Development Partnerships
• Greenfield Development Services
• Elmantic US Joint Venture

Quantifiable outcome

• 2.5 GW renewable energy pipeline in Europe (Greece and UK)
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 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.

• Atlantica Sustainable InfrastructurecoreStrategic or Co-development Partner · 20 August 2025Joint venture Elmantic formed between Elmya Energy and Atlantica Sustainable Infrastructure to develop 4 GW of utility-scale renewable energy projects in the United States. The joint venture draws upon Elmya's deep global project development expertise and Atlantica's operational excellence and infrastructure investment capabilities. Elmya Energy USA team together with Atlantica North America team will spearhead all development activities for the JV, initially focusing on greenfield development of wind, solar, and energy storage projects in ERCOT and WECC markets.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Opdenergy: European renewable energy developer with utility-scale solar and wind projects in Spain, Italy, UK, US, and Latin America. Elmya's CDO Manuel Rodríguez Díaz previously led development at Opdenergy, making it a near-direct comparable in technology stack and target geographies.
• Sonnedix: Global solar-focused IPP with a multi-GW operating and development portfolio across Europe, the Americas, and Asia. Comparable scale, similar greenfield-to-RTB development model, and overlapping geographies make Sonnedix a close functional peer.
• Recurrent Energy: Utility-scale solar and storage developer with North American focus, owned by Canadian Solar. Comparable as a utility-scale renewables developer executing in the same ERCOT and WECC US markets that Elmya targets through the Elmantic JV.
• Audax Renovables: Iberian-headquartered renewable energy developer and electricity retailer active across European markets. Comparable as a mid-sized multi-technology renewables developer competing for similar landowner relationships and PPA offtake in overlapping geographies.
• Atlantica Sustainable Infrastructure: Sustainable infrastructure company owning and operating renewables, transmission, and water assets. Elmya's JV partner in Elmantic; comparable as a capital provider for utility-scale renewables and adjacent to Elmya's role as a development partner for infrastructure investors.
• Hecate Energy: US-based utility-scale solar, wind, and energy storage developer with multi-GW pipeline across ERCOT, PJM, and other US markets. Comparable as a US-focused greenfield renewables developer competing for the same interconnection capacity and offtake agreements in Elmya's target US geographies.
• BayWa r.e. German-headquartered global renewable energy developer and IPP with operations across Europe, the Americas, and Asia-Pacific. Comparable multi-technology utility-scale developer with similar landowner origination and partnership-driven business model.
• Grenergy: Spanish-listed renewable energy developer with utility-scale solar, wind, and storage projects across Europe and the Americas. Closely comparable in geographic footprint (Iberia anchor, European expansion), technology mix, and project development approach.
• EDP Renováveis: One of the largest global utility-scale wind and solar developers with significant European and US presence. Directly comparable as a multi-technology renewable IPP competing for the same landowners, interconnection capacity, and institutional capital across Elmya's core markets.

Broad incumbents

• Acciona Energía: Spanish global renewable energy major with multi-GW operating portfolio across wind, solar, and hydro worldwide. Comparable as a Spanish-anchored incumbent competing in the same Iberian and Latin American markets, though at significantly larger scale and with broader vertical integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/elmya-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 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 Elmya Energy