EIDF Solar

EIDF (Energía, Innovación y Desarrollo Fotovoltaico S.A.) is a Spanish company specializing in photovoltaic solar energy installations. Founded in 2008 by Fernando Romero, the firm operates as a vertically integrated platform across three main business lines: industrial self-consumption, power generation, and energy commercialization. Its headquarters are in Pontevedra, Galicia, and it serves clients throughout Spain via twelve commercial delegations.

The company's primary focus is providing turnkey solar self-consumption solutions for small, medium, and large industrial clients, aiming to reduce their energy costs by 40-60%. These services cover viability studies, engineering, installation, maintenance, and administrative processing. In 2020, EIDF expanded into utility-scale power generation, developing its own photovoltaic parks to supply its energy commercialization unit, Nagini Energía. This vertical integration allows EIDF to cover all its clients' energy needs, supplying energy produced in its parks to its self-consumption customers to meet demand not covered by their own installations.

EIDF went public on the BME Growth market in July 2021. The company has pursued strategic partnerships and asset rotation to finance its growth. Notable agreements include a deal with an affiliate of Brookfield Asset Management to sell 56.7 MW of industrial self-consumption assets and their associated power purchase agreements (PPAs). A subsequent deal with the same entity, Finlight Corporate SLU, involved the sale of up to 89.8 MW of solar self-consumption systems. The company has also raised capital through post-IPO funding, securing $15.9M in one round. Its strategic plan for 2025-2030 prioritizes owning assets, focusing on high-return businesses, and leveraging its sales network to expand its client base to a target of 46,000 by 2030.

Keywords: photovoltaic solar, industrial self-consumption, EPC services, vertical integration, renewable energy, power purchase agreements, solar project development, energy commercialization, utility-scale solar, solar panel installation, BME Growth, energy generation, turnkey solar solutions, sustainable energy, energy cost reduction, solar farm development, asset rotation, Nagini Energía, Finlight Corporate, Brookfield Asset Management