ID Energy Group (Formerly I+D Energías)
Vertically integrated international renewable energy project solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €19.0m Valuation: €190m | Growth Equity non VC | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | (4 %) |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | 20 % | 7 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
ID Energy Group is an international corporate group specializing in renewable energy, with a primary focus on solar photovoltaics. Founded in 2008 in Ciudad Real, Spain, by members of the same family, the company operates with a vertically integrated business model. It offers comprehensive, turnkey services that include the development, engineering, construction, and operation and maintenance of its own and third-party renewable energy facilities.
The company develops a range of renewable projects, including solar, wind, and biomethane. Its services cater to public agencies, private companies, and research groups. ID Energy Group's business activities encompass being a developer, a self-consumption installer, and providing EPC (Engineering, Procurement, and Construction) services. The firm's revenue streams are derived from these turnkey projects, Power Purchase Agreements (PPAs) as an independent power producer, and operation and maintenance contracts. Beyond solar, the company is involved in converting organic waste into energy through biogas and biomethane technologies and developing wind energy solutions and energy storage systems to stabilize power grids.
Headquartered in Spain, ID Energy Group has expanded its presence internationally with offices in Poland, Hungary, Serbia, Croatia, Italy, Chile, and Mexico. In July 2023, the company secured a €19 million capital increase from Pangram Capital and Growth Partners Capital, valuing the company at €190 million and positioning it for a potential future stock market listing. This funding is intended to strengthen its project pipeline in Spain, Italy, and Eastern Europe, and to facilitate entry into new markets. The company has a development pipeline exceeding 5.1 GW and has constructed over 500 MW for third-party clients under EPC arrangements.
Keywords: renewable energy, solar photovoltaic, EPC services, energy development, project construction, operations and maintenance, self-consumption installer, turnkey energy projects, decarbonization partner, wind energy, biomethane, energy storage, Power Purchase Agreements, independent power producer, international energy, solar pumping, grid connection, waste-to-energy, renewable gases, energy transition solutions