Our Business

Creating value across the renewable energy value chain

Engira is an integrated renewable energy platform focused on developing, owning and operating solar PV assets. Our business spans the full lifecycle of renewable energy projects – from identifying and developing new opportunities to construction, long-term ownership, operations, power sales and portfolio optimisation.

With approximately 1.2 GWp of operating capacity and a 4.3 GWp development pipeline, we combine an established operating portfolio with a significant platform for future growth.

Our integrated model means that development, investment, operations and commercial activities are closely connected. Experience from the operating portfolio informs how we develop and assess new projects, while market developments and commercial opportunities influence how we manage existing assets. This enables us to take a long-term view of both individual projects and the portfolio as a whole.

Develop

Development is a fundamental part of engira’s business and the foundation for our long-term growth. With more than 15 years of experience in renewable energy development, our local teams have deep expertise in identifying, developing and maturing projects across European markets.

We develop projects through a structured process covering land, grid access, permitting, stakeholder management, technical design, financing and route-to-market. As projects mature, we assess them against clear criteria for scale, technology, bankability, expected returns and strategic fit.

Our approach is selective and value-driven. Rather than developing capacity for its own sake, we focus on projects with the potential to become high-quality, investable assets. This also means actively refining the pipeline as market conditions and project fundamentals evolve.

As of Q2 2026, our development portfolio comprised 4.3 GW of projects, with more than 1 GW already in development stage and a significant portfolio of projects being matured towards construction. The pipeline grew by 15% during the quarter, adding 570 MW.

Build

Once a project is sufficiently mature and meets our investment criteria, we move it towards construction.

Our capabilities cover engineering and technical design, procurement and supplier management, construction management, project financing and QHSE.

Construction is where a developed project becomes a productive asset. Our integrated approach connects development, investment and operational perspectives throughout the process, supporting disciplined execution and creating a strong foundation for long-term ownership.

Energy Sales & Optimisation

Producing renewable electricity is only part of the equation. The value of the electricity we produce depends on when and where it is generated, market prices, capture rates, contractual arrangements and market exposure.

Our commercial and operational teams work closely together to optimise the revenues generated by our portfolio. This includes power market strategies, offtake agreements and active management of the electricity produced by our assets, allowing us to respond to changing market conditions and improve revenue performance.

A part of the electricity we produce is sold through Power Purchase Agreements (PPAs). That is long-term agreements between a renewable energy producer and an energy buyer. For businesses with significant electricity consumption, a PPA can provide access to renewable electricity while offering greater visibility on future energy costs and supporting their renewable energy ambitions.

We combine commercial insight with operational data to continuously identify opportunities to improve portfolio revenues and asset value. This reflects our shift from a capacity-led approach towards a value-led business focused on making every kWh count.

Reinvest

Our portfolio is managed with a long-term perspective, but capital is actively managed. Through selective asset rotation and disciplined capital allocation, we seek to release capital from assets where value can be realised and redeploy it into projects and opportunities with stronger long-term potential.

We focus our reinvestment on core markets and high-quality opportunities where our capabilities and market position give us the strongest basis for creating long-term value. This allows us to continuously improve the quality of our portfolio while maintaining the capacity to invest in new growth.

In this way, our business creates a continuous cycle: developing new projects, building and operating assets, optimising their value, recycling capital and investing in the next generation of renewable energy assets.