About SOWITEC
SOWITEC is an Energy & Utilities company based in Reutlingen (Germany) founded in 1993, and was acquired by Iberdrola in July 2021. Wind energy projects are developed globally by SOWITEC. Its focus areas include Energy, Wind Energy, Service Providers and Project Developers. Its legal entity is SoWiTec group GmbH. Its competitors include ABO Wind, Denker & Wulf and Energiekontor; 1 of its 3 listed competitors has raised funding.
Company details
SOWITEC was founded in 1993 in Reutlingen, Germany, as a wind energy project developer. The full project lifecycle is managed, including planning, design, wind measurements, energy yield calculations, profitability assessments, construction oversight, sales, financing, and operational management of wind farms. Over 100 turbines have been installed across 30 sites in Germany, with operations extended to Brazil, Argentina, Chile, Mexico, Peru, Uruguay, Colombia, Kazakhstan, Saudi Arabia, Thailand, Kenya, and Russia.
Apps and channels of SOWITEC
its YouTube channel SOWITEC has 52 subscribers and 7 videos.
Videos from SOWITEC
The most watched videos on SOWITEC's YouTube channel, SOWITEC (52 subscribers). Click a video to play it here.
More on SOWITEC.
Funding Insights of SOWITEC
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of SOWITEC 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 |
|---|---|---|---|---|---|
| Apr 2019 | Private Equity Round | – | Vestas | – |
2 investors in total: 2 institutional.
Investors in SOWITEC
SOWITEC has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Iberdrola and Vestas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wind turbines are manufactured and installed globally by Vestas. | 1945 | vestas.com | Aarhus, Denmark | |
Integrated solutions for energy generation and sustainability are provided. | 1992 | iberdrola.com | Bilbao, Spain |
Investor details for SOWITEC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of SOWITEC
34 people are tracked at SOWITEC (10 in leadership, 24 in team).
| Name | Role | Group |
|---|---|---|
Frank Hummel | CEO | Leadership |
Lyubov Tadzhibaeva | Managing Director | Leadership |
Andrea Ruiz Gomez | Managing Director | Leadership |
Zeeshan Ashfaq | Managing Director Pakistan | Leadership |
Beatrix Blank | Head Of Department International Project Development - Solar&wind | Leadership |
Mba.riel Mondragon | Head Of Accounting And Administration | Leadership |
Andres Sierra Martínez | Head Of Project Development Department | Leadership |
Konstantin Wolf | Director Asset Management | Leadership |
Santiago Dominguez | Head Of Business Development | Leadership |
Alejandra Domínguez Cortez | Managing Director - Sowitec México | Leadership |
Vanessa Newman | Group Accounting Manager | Team |
Thiago Pinto | Supervisor Contábil | Team |
Felipe Fontenelle D'Imperio | Advogado-desenvolvimento De Negocios / Legal-business Development | Team |
Robert da Hora Santos | Auxiliar De Contabilidade | Team |
Wilmo Pertuz Gonzalez | Analista De Contabilidad Y Financiero | Team |
Lúcio Artur Cunha | Gerente De Projetos | Team |
Gabriel Colaço | Business Developer And M&a Coordinator | Team |
Ana Luiza Fernandes de Quadros | Coordenadora De Desenvolvimento Do Fundiário Do Complexo Gameleiras | Team |
Samuel Fernando Vaz | Estagiário De Projetos | Team |
Accountaxes S.a.s. | Asesores Contables Y Tributarios | Team |
14 more people are available in the full profile.
Complete people profiles for SOWITEC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of SOWITEC
3 dated milestones of SOWITEC across 28 years, from founding to its latest funding, stage changes and deals.
- Founded SOWITEC is founded.
- Funding First funding round.
- Exit Acquired by Iberdrola.
Competitors of SOWITEC
SOWITEC has 3 listed competitors in our database, 1 of them funded. They include ABO Wind, Denker & Wulf and Energiekontor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| abo-wind.com | 1996 | Wiesbaden, Germany | $7.48M | Solar and wind energy projects are developed by ABO Wind. | ||
| denkerwulf.de | 1991 | Rerik, Germany | 138 | Developer of wind energy projects | ||
| energiekontor.de | 1990 | Bremen, Germany | 188 | Wind energy projects are developed, constructed, and operated across Europe. |
Detailed competitors of SOWITEC
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Web traffic of SOWITEC
The website of SOWITEC (sowitec.com) receives about 3K visits a month.
- Monthly visits3K
▲ 23.2% vs previous month
Websites whose visitors overlap most with SOWITEC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tauernwind.com | tauernwind.com | 100% | – | ||
enertrag.com | enertrag.com | 100% | #1,276,940 | – | |
wilfriedheck.tripod.com | wilfriedheck.tripod.com | 100% | – | ||
husumwind.com | husumwind.com | 100% | #2,190,438 | – | |
portalsolar.com.br | portalsolar.com.br | 97% | #367,144 | – |
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Related news about Sowitec
Complete news archive for SOWITEC
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Frequently Asked Questions about SOWITEC
SOWITEC was founded in 1993 and raised its 1st funding round 26 years after it was founded.
SOWITEC is headquartered in Reutlingen, Germany. It is registered at Reutlingen, Baden-wurttemberg, Germany.
SOWITEC was founded in 1993 in Reutlingen, Germany, as a wind energy project developer. The full project lifecycle is managed, including planning, design, wind measurements, energy yield calculations, profitability assessments, construction oversight, sales, financing, and operational management of wind farms. Over 100 turbines have been installed across 30 sites in Germany, with operations extended to Brazil, Argentina, Chile, Mexico, Peru, Uruguay, Colombia, Kazakhstan, Saudi Arabia, Thailand, Kenya, and Russia.
SOWITEC's top competitors include Energiekontor, ABO Wind and Denker & Wulf.
SOWITEC operates through Sowitec Group Gmbh.
Yes. SOWITEC was acquired by Iberdrola in July 2021.