About Fotowatio Renewable Ventures
Fotowatio Renewable Ventures is an Energy & Utilities company based in Madrid (Spain) founded in 2006, and was acquired by Abdul Latif Jameel in April 2015. Utility-scale renewable energy solutions are developed for power generation. Fotowatio Renewable Ventures has completed 1 acquisition, including Wootis. Its website frv.com draws about 20 thousand monthly visits. Fotowatio Renewable Ventures offers products and services including Photovoltaic Plant, Wind Power Plant, and Energy Storage Projects. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is Fotowatio Renewable Ventures S.L.U. Its competitors include ACCIONA, Solarpack and Isolux Corsan.
Company details
Fotowatio Renewable Ventures was founded in 2006 and is based in Madrid, Spain. Operations are centered in the renewable energy sector, where utility-scale projects are developed and managed. Services encompass project planning, financing, construction, and ongoing operations for large-scale renewable installations. Focus is placed on sustainable energy production across international geographies, with emphasis on solar and other renewable sources to support grid-level power supply.
- Latest Funding Round$41.96M (USD), Debt – Conventional
Jun 2022
- InvestorsING
& 5 more
- Investments & Acquisitions
- Acquired byAbdul Latif Jameel
(Apr 2015)
Associated legal entities of Fotowatio Renewable Ventures
Fotowatio Renewable Ventures is associated with 5 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indigrid Solar-I (Ap) Private Limited CIN U40106DL2016FTC325525 | Active | 14 Jul 2016 | New Delhi, Delhi | ₹44.5 Cr | 12 | 5 | View details |
| Indigrid Solar-Ii (Ap) Private Limited CIN U40106DL2016FTC325401 | Active | 09 Jul 2016 | New Delhi, Delhi | ₹48.1 Cr | 8 | 4 | View details |
| Frv India Solar Park Iv Private Limited CIN U74999DL2017FTC325527 | Strike Off | 15 Mar 2017 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details | |
| Frv India Solar Park Iii Private Limited CIN U74999DL2017FTC325526 | Strike Off | 15 Mar 2017 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details | |
| Frv Power India Private Limited CIN U40300DL2016PTC325528 | Under Process Of Striking Off | 24 Feb 2016 | Delhi, Delhi | ₹0.6 Cr | 2 | View details |
Products & Services of Fotowatio Renewable Ventures
Fotowatio Renewable Ventures offers a comprehensive portfolio of products and services, including Photovoltaic Plant, Wind Power Plant, and Energy Storage Projects.
Develops utility-scale solar facilities for clean energy generation
Manages wind energy projects for sustainable power production
Provides battery systems for efficient energy management
Apps and channels of Fotowatio Renewable Ventures
its YouTube channel FRV Fotowatio Renewable Ventures has 372 subscribers and 30 videos.
Videos from Fotowatio Renewable Ventures
The most watched videos on Fotowatio Renewable Ventures's YouTube channel, FRV Fotowatio Renewable Ventures (372 subscribers). Click a video to play it here.
More on FRV Fotowatio Renewable Ventures.
Funding Insights of Fotowatio Renewable Ventures
- Total Rounds 3
- Last Round Debt – Conventional — $41.96M
- First Round $350M
(Jul 2008)
- Investors Count 5
All 3 funding rounds of Fotowatio Renewable Ventures with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $41.96M | Debt – Conventional | – | – | |
| Jan 2018 | Debt – Conventional | – | – | ||
| Jul 2008 | $350M | Debt – Conventional | – | – |
6 investors in total: 6 institutional.
Investors in Fotowatio Renewable Ventures
Fotowatio Renewable Ventures has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include ING, Caixabank and GE Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Banking products and services are offered to individuals and businesses. | 1844 | caixabank.com | Barcelona, Spain | |
Consumer and SME loans are provided across Germany. | 1948 | kfw.de | Frankfurt Am Main, Germany | |
Loans are extended to small and medium-sized enterprises. | 1937 | bancomext.com | Mexico City, Mexico | |
Commercial banking and insurance services are provided globally by ING. | 1991 | ing.com | Amsterdam, Netherlands | |
Commercial aircraft and equipment leasing and lending services are provided. | 1932 | gecapital.com | United States | |
Multi-modal freight forwarding, warehousing, and logistics services are provided. | 1945 | alj.com | Jeddah, Saudi Arabia |
Investor details for Fotowatio Renewable Ventures
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fotowatio Renewable Ventures
The boards of the 5 registered companies of Fotowatio Renewable Ventures currently have 6 directors; the longest-serving is Jose Luis Blasco Marquino, appointed in 2016. 50 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jose Luis Blasco Marquino DIN 07495222 | Body Corporte as Promoter | 09 Jul 2016 | 10 yrs 3 mo | Indigrid Solar-Ii (Ap) Private Limited, Indigrid Solar-I (Ap) Private Limited |
| Francesco Gasparini DIN 08437826 | Director | 29 Apr 2019 | 7 yrs 5 mo | Frv India Solar Park Iii Private Limited, Frv India Solar Park Iv Private Limited, Frv Power India Private Limited |
| Tristan Jacobo Higuero Jimenez DIN 08458565 | Director | 24 May 2019 | 7 yrs 4 mo | Frv India Solar Park Iii Private Limited, Frv India Solar Park Iv Private Limited, Frv Power India Private Limited |
| Swapnil Prakash Patil DIN 07802554 | Company Secretary | 07 Nov 2022 | 3 yrs 11 mo | Indigrid Solar-I (Ap) Private Limited |
| Apoorv Vinodbhai Darji DIN 08146364 | Director | 23 Jul 2025 | 1 yr 3 mo | Indigrid Solar-Ii (Ap) Private Limited, Indigrid Solar-I (Ap) Private Limited |
| Ravi Swapna DIN 11141127 | Director | 23 Jul 2025 | 1 yr 3 mo | Indigrid Solar-Ii (Ap) Private Limited, Indigrid Solar-I (Ap) Private Limited |
People of Fotowatio Renewable Ventures
67 people are tracked at Fotowatio Renewable Ventures (27 in leadership, 40 in team).
| Name | Role | Group |
|---|---|---|
Agustín Moyano Cuenca | Head Of Finance Iberia | Leadership |
Alejandro Limon | Managing Director Mexico & Central America | Leadership |
Edie Mather | Head Of Project Development | Leadership |
Jose Espinosa | Managing Director Risk Management & Corporate Planning | Leadership |
Pradeep Vashishta | Head Of Construction | Leadership |
Javier Bahamonde Marchamalo | Managing Director EPC And Construction | Leadership |
Don Jenkins | Chief Operations Officer (frv Services Australia) | Leadership |
Andrea Fontana | Managing Director Wind - PV Europe | Leadership |
Teresa Gortazar | Head Of Compensation & Benefits | Leadership |
Alvaro Medina Manresa | Managing Director Finance | Leadership |
Javier Gorospe Sarasúa | Head Of Investment Portfolio | Leadership |
Maite Zufriategui | Head Of People Experience | Leadership |
Daniel Sagi-Vela | CEO | Leadership |
Amit Kaushik | Chief Technology Officer At FRV Australia | Leadership |
Jj Ferrandis | Head Of EPC And Technical Development | Leadership |
Charlie Grover | Chief Legal Officer / General Counsel, FRV Australia | Leadership |
Antonio Tena | Corporate Head Of EPC & Technical Development | Leadership |
Jorge Garrido | Head Of O&m | Leadership |
Francisco Barrantes López-Lago | Head Of Development Iberia | Leadership |
Deniz Saidov | Head Of Legal Frv-x & Projects | Leadership |
47 more people are available in the full profile.
Complete people profiles for Fotowatio Renewable Ventures
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Fotowatio Renewable Ventures
Figures of Indigrid Solar-Ii (Ap) Private Limited, the primary company behind Fotowatio Renewable Ventures, for FY 2025. Revenue was ₹48.09 Cr (-6% year on year). Net loss was -₹21.21 Cr (-44% margin). EBITDA was ₹42.07 Cr (87% margin). Revenue has grown at a compounded annual rate of -1% over three years and 0% over five years.
- ₹48.09 CrRevenue · FY 2025 · -6% YoY
- -₹21.21 CrNet loss · -44% margin
- ₹42.07 CrEBITDA · 87% margin
- ₹12.00 CrPaid-up capital
- 8Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indigrid Solar-Ii (Ap) Private Limited are on its company page.
Detailed financial statements for Fotowatio Renewable Ventures
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fotowatio Renewable Ventures
Fotowatio Renewable Ventures has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wootis.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Remote monitoring services for wind parks in Greece are provided. | wootis.gr | Marousi, Greece | 2014 | Nov 2022 | •••• |
Complete acquisition details for Fotowatio Renewable Ventures
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Fotowatio Renewable Ventures
5 dated milestones of Fotowatio Renewable Ventures across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Fotowatio Renewable Ventures is founded.
- Funding First funding round of $350.0M.
- Exit Acquired by Abdul Latif Jameel.
- Funding Latest funding round, Debt – Conventional, of $42.0M.
- Acquisition Acquires Wootis.
Competitors of Fotowatio Renewable Ventures
Fotowatio Renewable Ventures has 3 listed competitors in our database. They include ACCIONA, Solarpack and Isolux Corsan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acciona.com | 1931 | Alcobendas, Spain | 51 | Sustainable infrastructure solutions in renewable energy are developed and managed. | ||
| solarpack.es | 2005 | Getxo, Spain | Utility-scale solar photovoltaic projects are developed and managed globally. | |||
| isoluxcorsan.com | 1928 | Madrid, Spain | EPC services are provided in energy and infrastructure sectors. |
Detailed competitors of Fotowatio Renewable Ventures
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fotowatio Renewable Ventures
The website of Fotowatio Renewable Ventures (frv.com) receives about 20.1K visits a month.
- Monthly visits20.1K
▼ 4.5% vs previous month
Websites whose visitors overlap most with Fotowatio Renewable Ventures. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
juegosblogs.com | juegosblogs.com | 100% | – | ||
juegosdetodo.co | juegosdetodo.co | 100% | – | ||
frib.com | frib.com | 75% | – | ||
friv.com.br | friv.com.br | 72% | #534,789 | – | |
projectory.com.au | projectory.com.au | 25% | #3,959,094 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Fotowatio Renewable Ventures
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Fotowatio Renewable Ventures
Complete news archive for Fotowatio Renewable Ventures
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fotowatio Renewable Ventures
Fotowatio Renewable Ventures was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Fotowatio Renewable Ventures is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Fotowatio Renewable Ventures was founded in 2006 and is based in Madrid, Spain. Operations are centered in the renewable energy sector, where utility-scale projects are developed and managed. Services encompass project planning, financing, construction, and ongoing operations for large-scale renewable installations. Focus is placed on sustainable energy production across international geographies, with emphasis on solar and other renewable sources to support grid-level power supply.
Fotowatio Renewable Ventures's top competitors include ACCIONA, Isolux Corsan and Solarpack.
Fotowatio Renewable Ventures offers Photovoltaic Plant, Wind Power Plant, and Energy Storage Projects.
Fotowatio Renewable Ventures has made 1 acquisition, including Wootis.
Fotowatio Renewable Ventures has 6 investors. Key investors include ING, Caixabank, GE Capital, Abdul Latif Jameel, and Bancomext.
Fotowatio Renewable Ventures is associated with 5 legal entities: Indigrid Solar-Ii (Ap) Private Limited, Indigrid Solar-I (Ap) Private Limited, Frv India Solar Park Iii Private Limited and others.
Yes. Fotowatio Renewable Ventures was acquired by Abdul Latif Jameel in April 2015.
The legal entities of Fotowatio Renewable Ventures currently have 7 directors, including Monali Nathmal Sharma, Apoorv Vinodbhai Darji, Jose Luis Blasco Marquino and others.