HIDROELECTRICA DE LARACHA ENERGIA SL

What HIDROELECTRICA DE LARACHA ENERGIA SL does

Hidroeléctrica de Laracha Energía SL (Grupo HL) is a regional electricity distribution utility headquartered in A Coruña, Galicia, Spain. Founded in 1930, the company operates as a vertically integrated energy provider serving the municipalities of A Laracha, Carballo, and Arteixo under a regulated natural monopoly concession. The company owns and operates the local distribution network infrastructure in its concession area, providing grid access and electricity supply to residential and commercial customers in this defined Galician territory.

The company's core business encompasses three primary activities: regulated electricity distribution through its owned network infrastructure, renewable energy generation through participation in joint projects, and energy commercialization via its partnership with CHC Energía. Grupo HL has expanded into adjacent services including electric vehicle (EV) charging infrastructure under the 'Sente' sub-brand, with three operational charging points priced at €0.41/kWh, and self-consumption services for residential and commercial customers. The company maintains ISO 9001:2015 and ISO 45001 certifications, indicating formalized quality and occupational safety management systems. Active industry participation includes memberships in CIDE, Sercide, Asinec, and integration with sector platforms Datadis and Electromaps.

Grupo HL generates revenue through regulated distribution tariffs for grid access and energy supply, supplemented by commercialization margins via the CHC Energía partnership and emerging revenue streams from EV charging services and self-consumption installations. The company invested approximately €800,000 in 2022 in distribution infrastructure improvements and digitalization, deploying fiber optic networks, sensor systems, and telecontrol capabilities. With only 7 employees, Grupo HL operates a lean organizational structure consistent with a focused regional utility. The company also holds interests in renewable energy projects through joint arrangements with ENGASA and Vento Laracha SL.

Name

HIDROELECTRICA DE LARACHA ENERGIA SL

Legal name

HIDROELECTRICA DE LARACHA, S.L.U.

Website

https://hlenergia.com

Company type

Private

Founded year

1930

Operating status

Operating

Headcount range

1–10 employees

Short description

Hidroeléctrica de Laracha Energía SL is a regulated regional electricity distribution utility serving A Laracha, Carballo, and Arteixo municipalities in Galicia, Spain, operating since 1930 as a natural monopoly with renewable generation, EV charging (Sente), and commercialization via CHC Energía.

Ownership category

akta.pro rank

Product category

Electricity Distribution

NAICS

Electric Power Transmission, Control, and Distribution (22112), Hydroelectric Power Generation (221111), Wind Electric Power Generation (221115)

SIC

Electric Services (4911)

akta.pro primary industry

Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

akta.pro secondary industry

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Electricity distribution services
• Renewable energy generation
• Hydroelectric power production
• Wind energy generation
• Energy commercialization

Headquarters

HQ city

A Laracha

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Others

Revenue model

1. Electricity Distribution: Distribution of electricity through the company's own network of medium and low voltage lines and hundreds of transformation centers, serving end users in its operating territory.
2. Renewable Energy Production: Generation of clean energy through hydroelectric plants (Barbantino, Tea, Umia) and wind farms (Xiabre) via participation in ENGASA projects, and the Pena Galluda wind park via Vento Laracha SL.
3. Electricity Commercialization: Energy sales to end customers through CHC Energia, one of the first national-level commercializers, following the 2009 electricity sector liberalization.
4. Electric Vehicle Charging: Operation of three electric vehicle charging points under the Sente brand, offering charging at 0.41 EUR/kWh.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Grupo HL distributes electricity through its own medium and low voltage network to end users in A Laracha, Carballo, and Arteixo (Galicia, Spain), generates renewable energy via hydroelectric plants and wind farms developed in joint ventures, and commercializes energy to customers through CHC Energia. The Sente sub-brand operates electric vehicle charging infrastructure and supports self-consumption installations.

Product overview

Grupo HL (Hidroeléctrica de Laracha) operates as an integrated energy group offering the complete energy management process: distribution, generation, and commercialization. The core business is electricity distribution through HL Energía, with renewable generation through partnerships (ENGASA, Vento Laracha SL) and energy sales via CHC Energía. The Sente sub-brand focuses on innovation and new developments, particularly electric vehicle charging infrastructure. Additional services include a virtual office platform (Sercide) and self-consumption support.

Differentiator

Problem solved

Functional benefit

Products and services

• HL Energía Electricity Distribution Regulated electricity distribution service delivering energy to end users through an owned medium and low voltage network with hundreds of transformation centers and control and maneuver stations in A Laracha, Carballo, and Arteixo.
• HL Energía Renewable Generation Renewable energy generation through participation in hydroelectric plants (Barbantiño, Tea, Umia) and wind farms (Pena Galluda via Vento Laracha SL, Xiabre via ENGASA).
• CHC Energía Energy Commercialization Energy sales to end customers through the CHC Energía channel partner, one of the first national-level commercializers after the 2009 electricity sector liberalization.
• Sente Electric Vehicle Charging Electric vehicle charging service operating three charging points with 22 kW Type II connectors, accessible via the Electromaps mobile app, available in the service territory without prior appointment.
• Self-Consumption (Autoconsumo) Support Information, advisory, and administrative support services for customers interested in installing self-consumption electrical systems, leveraging IDAE guide resources and CIDE association support.

Quantifiable outcome

• Infrastructure covers practically the entire municipal term of A Laracha as well as parts of Carballo and Arteixo.
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• CHC EnergiacoreChannel Partner/ Reseller/ DistributorCHC Energia is one of the first national-level electricity commercializers in Spain. Since the 2009 electricity sector liberalization, Grupo HL has partnered with CHC Energia to commercialize energy to its customers, maintaining its presence in the commercialization segment through this channel partner.
• ENGASAcoreStrategic or Co-development PartnerGrupo HL participates in renewable energy generation projects alongside ENGASA, including the Xiabre Wind Farm and the hydroelectric plants of Barbantinho, Tea, and Umia. ENGASA appears to be an energy group developing renewable projects in Galicia.
• Vento Laracha SLcoreStrategic or Co-development PartnerVento Laracha SL is the developer and promoter of the Pena Galluda Wind Farm, in which Grupo HL participates as a stakeholder in renewable energy production.
• CIDEcoreGTM or Marketing PartnerCIDE (Asociacion de Empresas Distribuidoras de Energia) is an association of electricity distribution companies of which Grupo HL is a member. Grupo HL served as technical secretary for the Foro para la Electrificacion in 2021 and 2022 through CIDE membership, and holds a seat on the executive committee.
• SercidesupportingTechnology or IntegrationSercide provides the Virtual Office platform used by Grupo HL for its customer service portal (hlenergia.oficinavirtual.sercide.com), enabling customers to manage their electricity-related procedures online.
• DatadissupportingTechnology or IntegrationDatadis is a distribution services platform that aggregates consumer information, facilitating access for customers to all their consumption data in a single click as part of Grupo HL's customer service offering.
• Observatorio de Descarbonizacion RuralsupportingStrategic or Co-development PartnerPromoted by CIDE, this observatory identifies how rural areas contribute to Spain's decarbonization and electrification. Grupo HL participates as a member of CIDE, contributing to this initiative focused on rural energy transition.
• AsinecsupportingGTM or Marketing PartnerAsinec (Asociacion Provincial de Industriales Electricistas y de Telecomunicaciones de A Coruna) is a professional association of electrical and telecommunications installers in A Coruna province. Grupo HL joined as a collaborating partner to support installer quality and sector interests.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• EDP Energía España: Spanish subsidiary of EDP Group operating electricity distribution, generation, and commercialization in northern Spain including Galicia. Parent of Begasa; broader portfolio across generation, distribution, and retail.
• Naturgy: Major Spanish integrated utility with distribution, generation, and commercialization across Spain. Comparable activities at vastly larger scale; relevant incumbent competing for end-customer energy supply in Grupo HL's territory.
• Iberdrola España: Largest Spanish electric utility with extensive distribution, renewable generation, and EV charging (Iberdrola's public charging network). Dominant incumbent operating across all of Grupo HL's business lines at national scale.

Direct peers

• Viesgo Distribución Eléctrica: Small-to-mid Spanish DSO operating in northern Spain (Cantabria, Asturias, Galicia). Directly comparable as a regional distribution utility with similar regulatory exposure and asset profile, though somewhat larger.
• CHC Energia: Grupo HL's commercialization partner and one of the first national-level energy retailers in Spain post-2009 liberalization. Both operate in Spanish electricity commercialization with shared customer base in Galicia; CHC handles Grupo HL's energy sales channel.
• Electra de Carballo: Small regional electricity distribution utility operating in the Carballo municipality of A Coruña province, Galicia — directly adjacent to Grupo HL's service territory. Both are small Galician DSOs with comparable rural distribution profiles and similar headcount scale.
• Begasa: Electricity distribution utility serving western Galicia, owned by EDP. Comparable as a Galician DSO operating under the same Spanish regulatory framework, though larger scale and backed by a major energy group.

Regional players

• ENGASA: Galician renewable energy group developing wind and hydro projects. Grupo HL's co-development partner in Xiabre wind farm and hydro plants (Barbantiño, Tea, Umia) — directly comparable as a regional renewable developer in the same geography.

Emerging players

• Feníe Energía: Spanish electricity commercializer with strong installer-network roots, comparable to CHC Energia as an independent retail channel. Overlaps with Grupo HL in commercialization, though Feníe operates at national scale via its installer partner network.

Others

• CIDE: Asociación de Empresas Distribuidoras de Energía — industry association of small Spanish electricity distribution companies of which Grupo HL is a member. Relevant ecosystem connection as the trade body representing the company's peer group of small DSOs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hidroelectrica-de-laracha-energia-sl

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 HIDROELECTRICA DE LARACHA ENERGIA SL