Nearly two decades of sustainable growth

2025 has been marked by a shift in strategy, focusing on our digital transformation and commercial strategy.

Our ambition is to be the supplier of choice for industrial customers, delivering 100% renewable energy directly to them. Earlier in the year, Sonnedix appointed a new Chief Digital Officer, Simon Duckett, and welcome our first Chief Commercial Officer, Gregorio Morales Schmidt. We locked in major long-term PPAs with key costumers — Renfe and Volkswagen (Spain), Equinix (Portugal) — deepening our commercial relationships and reinforcing our role as a suppler of large-scale renewable power.

We kept delivering on our sustainable growth strategy, significantly expanding across Europe: in Italy, five new renewable-energy projects pushed capacity beyond 800 MW, with the goal of reaching 1 GW by year’s end; in Portugal, the inauguration of 150 MW Sonnedix Douro solar plant and acquisition of additional ready-to-build projects raised the Iberian footprint substantially. Beyond growing our platform, we continued structuring our portfolio to support commercial goals, securing €2 billion in refinancing to fund a more diversified, multi-technology portfolio that now includes battery storage and hybrid solutions — not just solar.

We maintained our position as a Sustainability Sector Leader, earning a GRESB five-star rating for the eight year. We achieved a perfect 100/100 score in areas such as leadership, policies, reporting, risk management, stakeholder engagement, greenhouse gas emissions, energy performance, employee engagement, and health and safety. This is testament to our team’s dedication and our ability to anticipate, seize opportunities, and deliver long-term value for our communities, partners, and investors.