SEGH

Name

SEGH

Legal name

Cuerva

Website

https://segh.es

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Generation and Distribution

NAICS

Electric Power Generation, Transmission and Distribution (2211), Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911)

akta.pro primary industry

Renewable Grid Interconnection & Collector Systems (Solar/Wind) (IMAFAHAD)

Keywords

• Renewable energy generation
• Electricity distribution
• Electricity retailing
• Smart grid services
• Energy solutions consulting

Headquarters

HQ city

Churriana de la Vega

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Renewable Energy Generation: Owns and operates hydroelectric, solar PV, and wind power plants generating electricity sold to the grid or through PPAs.
2. Electricity Distribution: Operates distribution networks supplying electricity to municipalities and populations in Spain.
3. Electricity Retailing (CHC Energía): Retail electricity sales to end consumers with customer-centric approach and user engagement in decision-making.
4. Smart Solutions & Services: Provides smart energy solutions, consulting, and implementation services to transform organizations' energy management.
5. PPA and Energy Communities: Power Purchase Agreements and peer-to-peer energy trading through energy communities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

SEGH operates through Cuerva as a vertically integrated renewable energy company that owns and operates hydroelectric, solar PV, and wind power plants, electricity distribution networks, and provides smart energy solutions and retail electricity services. The company generates and sells electricity, distributes power through owned networks in Granada province, retails electricity to end consumers via the CHC Energía brand, and delivers energy transformation consulting and digitalization services to organizations.

Product overview

SEGH (Cuerva) is a comprehensive energy company operating across the entire energy value chain with five core business divisions: Power Generation (renewable energies including hydroelectric, wind, and solar), Electricity Distribution (networks and infrastructure), Smart Solutions (organization energy transformation), Smart Services (technical execution and sustainable energy solutions), and Electricity Retailing through CHC Energía. The company also operates subsidiaries Vergy (energy communities management, founded 2022) and Gridfy (grid digitalization, founded 2023). Innovation is channeled through Turning Tables laboratory and Living Lab of the Distribution Network. The company has international presence through Grupo Cuerva Panamá (founded 2007) and Grupo Cuerva Peru (founded 2012), with total generation capacity including hydroelectric plants (Rules 4MW, La Vega), wind farms (MAMUT 2.4MW, Alba de Tormes 4.5MW, Guadix, Antonio Valverde), and solar PV plants (15MW developed in 2008, Hoyas Grandes I&II 11.2MW, Serrano 4.5MW). Key infrastructure includes multiple substations and power lines across Granada province.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Generation Renewable energy generation including hydroelectric power plants, wind farms, and solar PV installations across Spain and internationally, sold to the grid or through PPAs.
• Electricity Distribution Electrical distribution services bringing renewable energy through network infrastructure, substations, and power lines to municipalities in Granada province and Alpujarra region.
• Smart Solutions Smart, adaptable solutions that transform organizations' energy management, directly impacting efficiency, sustainability, and market competitiveness.
• Smart Services Design of energy solutions with real impact, sustainable over time and aligned with business objectives — providing technical execution and consulting services for organizations.
• Electricity Retailing (CHC Energía) Retail electricity sales putting the user at the centre, engaging consumers in decision-making and guiding them towards a new energy model.
• Vergy - Energy Communities Management Platform for managing energy communities based on shared self-consumption through peer-to-peer energy trading and virtual communities.
• Gridfy - Grid Digitalization Service Strategic service for grids' transformation focusing on innovation, research and development for digitalization of Distribution System Operators (DSOs).

Quantifiable outcome

• 96 KWh of renewable energy generated
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Alto InfrastructurecoreStrategic or Co-development Partner · 1 July 2025Partnership to drive Andalusia's first large-scale AI Data Center. Cuerva and Alto Infrastructure are collaborating on energy infrastructure for data center development powered by renewable energy solutions.

Scale indicators12 records

Recent moves32 records

Expansion highlights5 records

Broad incumbents

• Endesa: Major Spanish electric utility owned by Enel, operating generation (including renewables), distribution and retail across Spain. Competes with Cuerva in distribution and retail, and increasingly in renewables.
• Naturgy: Spanish integrated energy company with gas, electricity distribution, retail and renewable generation businesses. Comparable integrated model and Iberian market presence, though with much larger scale and broader fuel mix.
• Iberdrola: Largest Spanish electric utility with major renewable generation, distribution, and retail operations across Spain and globally. Overlaps with Cuerva across all of Cuerva's segments but at vastly greater scale; Iberdrola Renovables is the most direct sub-segment peer.
• EDP Renováveis: One of the world's largest wind and solar IPPs, with significant Iberian operations. Comparable renewable technology focus and Spanish market participation, at substantially larger scale than Cuerva.

Direct peers

• Audax Renovables: Spanish vertically integrated renewable energy and electricity retail company with generation, retail and energy services businesses. Closest mid-cap analogue to Cuerva's integrated generation-distribution-retail model.
• Acciona Energía: Spanish renewable energy independent power producer operating wind, solar and hydro assets across Iberia, LATAM and other markets. Direct comparable in technology mix, geography, and PPAs, but at materially larger scale.
• Holaluz: Spanish renewable electricity retailer focused on residential PPAs and energy community models, with its own generation assets. Comparable in retail/energy community positioning (Vergy-like) and Iberian market focus.
• Solaria Energía y Medio Ambiente: Spanish independent solar PV power producer developing and operating utility-scale solar plants in Iberia. Directly comparable in solar PV technology focus and Spanish PPA market participation.
• Cide HC Energía: Spanish small-scale electric distribution and renewable generation company operating in rural/regional markets, similar in profile to Cuerva's Granada-based distribution business. Useful mid-cap Spanish DSO+generator peer.

Emerging players

• Gridspertise: Enel subsidiary commercializing smart grid and DSO digitalization solutions globally. Directly comparable to Cuerva's Gridfy subsidiary, competing for the same European DSO digitalization budgets with established scale and an incumbent client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/segh

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 SEGH