About X-Elio
X-Elio is an Energy & Utilities company based in Madrid (Spain) founded in 2005, and was acquired by Brookfield Asset Management in March 2023. Turnkey solutions for utility-scale photovoltaic plants are developed and operated. Its chief executive, as recorded, is Lluis Noguera. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Solarpack, SolarMente and TSK Electronics and Electricity; 1 of its 3 listed competitors has raised funding.
Company details
X-Elio was founded in 2005 and is headquartered in Madrid, Spain. Operations focus on the renewable energy sector, where utility-scale photovoltaic plants are developed and managed. Turnkey contracts are handled, including procurement and integration of components to commission solar facilities. Presence extends to 18 countries, with 300 MW of projects either in operation or under construction. Leadership is provided by CEO Lluis Noguera.
- Headquarters Madrid, Spain
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website x-elio.com
- Social LinkedIn X
- Acquired by Brookfield Asset Management (Mar 2023)
- Latest Funding Round$475.64M (USD), Debt – Conventional
Jul 2021
- InvestorsKKR
& 1 more
- Acquired by
Funding Insights of X-Elio
- Total Rounds 1
- Last Round Debt – Conventional — $475.64M
- First Round $475.64M
(Jul 2021)
All 1 funding rounds of X-Elio 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 |
|---|---|---|---|---|---|
| Jul 2021 | $475.64M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in X-Elio
X-Elio has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include KKR and Brookfield Asset Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Focus is placed on real estate and renewable energy investments. | 1899 | brookfield.com | Toronto, Canada | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States |
Investor details for X-Elio
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People of X-Elio
62 people are tracked at X-Elio (19 in leadership, 43 in team).
| Name | Role | Group |
|---|---|---|
Lluis Noguera | CEO | Leadership |
Juan Navarrete | Chief Financial Officer | Leadership |
Pedro Eduardo Sánchez García | Vice President Strategy Spain And Latam | Leadership |
Lucia Pardo Naya | Energy Markets And Revenue Management Director | Leadership |
Tarek Ghannameh | M&a Director | Leadership |
Luis Perezagua Pérez | Country Managing Director, X-elio Japan | Leadership |
Chris Shybut | Senior Director, Finance (usa) | Leadership |
Elena Molina | Chief Business Development Officer | Leadership |
Irene Laguna | International People & Culture Business Partner | Leadership |
Nicholas Pentreath | Deputy CEO | Leadership |
Fernando Lacaci | Chief Operating Officer | Leadership |
Beatriz Tielve | Chief People And Culture Officer | Leadership |
Mirko Molinari | Chief Commercial Officer | Leadership |
Armando Gómez | Head Of Latam | Leadership |
Adolfo Gutierrez | Project Finance Director | Leadership |
Alicia Lamana | Director - Investment Analysis & Controlling | Leadership |
Alberto Carrasco Sánchez | Head Of Corporate IT | Leadership |
Ivan Illera | Operations Director | Leadership |
Ignacio José Mora Aguilar | Director, PPA Origination & Markets | Leadership |
Iván Contreras Valderrama | PPA Origination Manager | Team |
42 more people are available in the full profile.
Complete people profiles for X-Elio
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Timeline of X-Elio
4 dated milestones of X-Elio across 18 years, from founding to its latest funding, stage changes and deals.
- Founded X-Elio is founded.
- Exit Acquired by KKR.
- Funding First funding round of $475.6M.
- Exit Acquired by Brookfield Asset Management.
Competitors of X-Elio
X-Elio has 3 listed competitors in our database, 1 of them funded. They include Solarpack, SolarMente and TSK Electronics and Electricity.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarpack.es | 2005 | Getxo, Spain | Utility-scale solar photovoltaic projects are developed and managed globally. | |||
| solarmente.es | 2019 | Barcelona, Spain | $55.25M | Solar panel installation services are provided in Barcelona, Spain. | ||
| grupotsk.com | 1986 | Gijon, Spain | Solar engineering, procurement, and construction services are provided. |
Detailed competitors of X-Elio
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Web traffic of X-Elio
The website of X-Elio (x-elio.com) receives about 9.5K visits a month.
- Monthly visits9.5K
▼ 30.4% vs previous month
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Frequently Asked Questions about X-Elio
X-Elio was founded in 2005 and raised its 1st funding round 16 years after it was founded.
X-Elio is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Lluis Noguera is the CEO of X-Elio, as recorded in our data.
X-Elio was founded in 2005 and is headquartered in Madrid, Spain. Operations focus on the renewable energy sector, where utility-scale photovoltaic plants are developed and managed. Turnkey contracts are handled, including procurement and integration of components to commission solar facilities. Presence extends to 18 countries, with 300 MW of projects either in operation or under construction. Leadership is provided by CEO Lluis Noguera.
X-Elio's top competitors include SolarMente, TSK Electronics and Electricity and Solarpack.
X-Elio has 2 investors. Key investors include KKR, and Brookfield Asset Management.
Yes. X-Elio was acquired by Brookfield Asset Management in March 2023.