About Elecnor
Elecnor is a company based in Madrid (Spain) founded in 1958.. The company has 24,660 employees as of December 31, 2024. Elecnor offers products and services including Infrastructure Projects, Renewable Energy Services, and Telecommunications Services. Elecnor operates in a competitive market with competitors including opde nergy, Forestalia, Enerside, Global Power Generation and Audax Renovables, among others.
- Headquarter Madrid, Spain
- Employees 24660 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Elecnor S.A.
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Annual Revenue
$3.96 B (USD)0.45as on Dec 31, 2024
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Net Profit
$-104.05 M (USD)-191as on Dec 31, 2024
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EBITDA
$38.77 M (USD)-66.06as on Dec 31, 2024
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Latest Funding Round
$32.78 M (USD), Grant
May 29, 2021
- Investors
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Employee Count
24660
as on Dec 31, 2024
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IPO & Listings of Elecnor
Elecnor is a publicly listed company on the BME with ticker symbol ENO in Spain, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Elecnor
Elecnor offers a comprehensive portfolio of products and services, including Infrastructure Projects, Renewable Energy Services, and Telecommunications Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Development and operation of infrastructure assets
Power generation from renewable sources globally
Installation and maintenance of telecom infrastructure
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Responsable Team
15 people
Jefe Team
10 people
Leadership Team
10 people
Software Development Team
9 people
Ingeniero Team
6 people
Sales and Marketing
5 people
Project Team
4 people
Human Resources and Administration
3 people
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Funding Insights of Elecnor
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $32.8M
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First Round
First Round
(01 Nov 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Grant - Elecnor | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - Elecnor | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elecnor
Elecnor has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elecnor
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elecnor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elecnor Comparisons
Competitors of Elecnor
Elecnor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as opde nergy, Forestalia, Enerside, Global Power Generation and Audax Renovables, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of renewable energy projects
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Independent renewable energy project developer
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| domain | founded_year | HQ Location |
Solar PV and wind projects are developed by Enerside.
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| domain | founded_year | HQ Location |
Develops and manages global energy assets using wind, solar, and hydro technologies.
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Wind power project developer and operator
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elecnor
Frequently Asked Questions about Elecnor
When was Elecnor founded?
Elecnor was founded in 1958 and raised its 1st funding round 62 years after it was founded.
Where is Elecnor located?
Elecnor is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Who is the current CEO of Elecnor?
Rafael Martin De Bustamante Vega is the current CEO of Elecnor.
How many employees does Elecnor have?
As of Dec 31, 2024, the latest employee count at Elecnor is 24,660.
What is the annual revenue of Elecnor?
Annual revenue of Elecnor is $3.96B as on Dec 31, 2024.
What does Elecnor do?
Elecnor was founded in 1958 and is headquartered in Madrid, Spain. Operations focus on the development, construction, and management of infrastructure and service projects across energy, industrial, and environmental sectors. Services are delivered through integrated solutions, with activities spanning Europe and international markets. Leadership is provided by CEO Rafael Martín de Bustamante Vega, overseeing global project execution.
Who are the top competitors of Elecnor?
Elecnor's top competitors include opde nergy, Audax Renovables and Enerside.
What products or services does Elecnor offer?
Elecnor offers Infrastructure Projects, Renewable Energy Services, and Telecommunications Services.
Is Elecnor publicly traded?
Yes, Elecnor is publicly traded on BME under the ticker symbol ENO.
Who are Elecnor's investors?
Elecnor has 1 investor. Key investors include European Union.
What is Elecnor's ticker symbol?
The ticker symbol of Elecnor is ENO on BME.