Logotype for Grenergy Renovables S.A.

Grenergy Renovables (GRE) investor relations material

Grenergy Renovables Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Grenergy Renovables S.A.
Q3 2025 earnings summary27 Nov, 2025

Executive summary

  • Revenues reached €687 million in the first nine months of 2025, up 147% year-over-year, driven by asset rotation and higher energy production, especially in Chile.

  • EBITDA rose 109% to €111 million, and net profit increased sevenfold to €45 million compared to 9M24.

  • Over 55% of the €800 million asset rotation target for 2025-2027 has been achieved, with significant capital gains from recent deals, including a €25 million gain to be recognized next quarter from José Cabrera and Tabernas.

  • Major project sales included José Cabrera and Tabernas (Spain) for €273 million and phases 1-4 of Oasis de Atacama (Chile) for $1.5 billion.

  • ESG roadmap advanced, with updated climate transition plan and improved ESG ratings, including inclusion in the IBEX ESG index and high scores from S&P, MSCI, and Sustainalytics.

Financial highlights

  • Total revenue for the first nine months of 2025 reached €687 million (+147% yoy); EBITDA was €111 million (+109% yoy); net income was €45 million (7x yoy).

  • CapEx reached €713 million in nine months, up 70% year-over-year, with over 80% invested in Chile.

  • Net debt stood at €1.047 billion, with net debt/EBITDA at 4.9x (corporate 1.4x); pro forma net debt could drop to €322 million (0.7x) after pending asset sales.

  • Cash position at €346 million despite record CapEx, supporting continued investment.

  • Gross margin reached €171.2 million (+110% yoy).

Outlook and guidance

  • On track to invest €3.5 billion from 2025 to 2027, with potential acceleration in execution.

  • 6.7 GWh of BESS expected to be connected by year-end, positioning as a global leader in energy storage.

  • EBITDA for 2026 expected to exceed €200 million, with the Elena project alone contributing €70–90 million.

  • Over 55% of the €800 million asset rotation target for 2025-2027 already achieved.

  • Advanced negotiations for tolling agreements in Spain and Germany to support future growth.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Grenergy Renovables earnings date

Logotype for Grenergy Renovables S.A.
Q4 202527 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Grenergy Renovables earnings date

Logotype for Grenergy Renovables S.A.
Q4 202527 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Grenergy Renovables S.A. is a global independent power producer (IPP) specializing in the design, development, and implementation of large-scale renewable energy plants. Founded in Spain in 2007, the company focuses on generating clean and sustainable energy, contributing to the global shift towards zero emissions. Grenergy Renovables operates across a diverse geographical footprint, with significant projects in Europe, Latin America, and the United States, among other regions. The company's expertise encompasses a wide range of renewable energy technologies, including solar photovoltaic and wind energy, with a strong commitment to innovation and sustainability in the energy sector. The company is headquartered in Madrid, Spain, and its shares are listed on the BME.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage