Earnings release
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GRENERGY H1 2026 Results grenergy.eu Grenergy doubles net profit to € 74 million and launches a share buyback program Revenues reached € 661 million ( + 51 % ) , EBITDA amounted to € 126 million ( + 47 % ) , and net profit rose to € 74 million ( + 112 % ) Announces a new acquisition of 285 MW for Iberian Oasis and 110 MW for Greenbox in advanced- stage greenfield projects in Spain Launches a share buyback program for a maximum amount of € 50 million Madrid , September 16 , 2026. Grenergy today reported its results for the first half of 2026 , marked by strong growth across its main financial metrics . Revenues reached € 661 million , up 51 % compared to the same period of the previous year . EBITDA stood at € 126 million , up 47 % , while net profit amounted to € 74 million , an increase of 112 % compared to the first half of 2025 . Investment ( CAPEX ) , mainly allocated to the hybrid projects of Central Oasis , reached € 275 million ( + 25 % ) . Grenergy expects investment levels to increase in the coming months as project development progresses . Grenergy maintains a solid financial position , with net debt of € 1.1 billion , equivalent to a leverage ratio of 4.6x , and a cash position of € 273 million . 30 % of the 2028 asset rotation plan already achieved This performance was mainly driven by recent asset rotation transactions , including the closing of the sale of Gabriela , corresponding to Phase 4 of Oasis de Atacama , for an enterprise value of $ 475 million , and the sale of seven distributed solar assets in Colombia , with a combined capacity of 88 MW . With these transactions , Grenergy has already achieved close to 30 % of the asset rotation plan set for the 2026-2028 period . Cash generation from these asset rotation transactions will enable the execution of a share buyback program of up to € 50 million , aimed at different corporate purposes and focused on creating value for shareholders . In addition , it has enabled the company to accelerate the acquisition of Iberian Oasis and Greenbox projects in Spain . Iberian Oasis replicates in Europe the success of Chile's hybrid model In Iberian Oasis , Grenergy has incorporated 285 MW through Andrea , an advanced - stage greenfield project , which adds to the 100 MW of Indalo announced in the first quarter . As a result , the platform has reached 1 GW of solar capacity and 3.2 GWh of storage .