The Company

For more than 25 years, Finerge has been working to ensure the world has more sustainable energy.

It is the largest wind producer in Portugal and one of the most significant renewable energy producers on the Iberian Peninsula

Finerge operates 93 Wind Farms and 18 PV solar plants located in more than 61 Municipalities across Portugal and 6 provinces in Spain. Day and night, 892 turbines harness the energy of the Wind, and thousands of photovoltaic modules that collect energy from the sun, transforming it into clean electricity at a rate of 4.806 Gwh. All this means that more than 1,483ktons of CO2 emissions are avoided.

0000

installed capacity

wind farms

solar parks

municipalities in Portugal

provinces in Spain

000

wind turbines

0000.0

GWh of energy produced

0000

kton of CO2 avoided

However, the story has only just begun...

Learning from the most sustainable source: Nature.

Founded in 1996, Finerge has evolved responsibly, sustained by continuous investment. Its evolution is set on the development, construction and acquisition of new Wind Farms and PV Solar plants nestled in strategic locations across Portugal and Spain, by innovating processes, practices, and infrastructures. Its growth is sustained through investment in its people, who have made a world of difference over the last two decades.

Chronology

We grow with Energy.

Explore the evolution of Finerge

1999

First project developed by Finerge

.Portal da freita

2000

.CARAVELAS

2002

.Alto da Vaca
.Alvão

2003

.ARCIPRESTE
.AGUIEIRA
.ALTO DA VACA II
.SRA. CASTELO I
.SRA. CASTELO II

2004

.MOINHO VELHO
.ALVÃO II
.DIRÃO DA RUA
.CADRAÇO
.MANIQUE

2005

Finerge acquired by Endesa

.VIDEIRA
.ALFARROBEIRA
.CAPUCHA
.ESPIGA
.SAO PAIO
.PASSARINHO
.MONTIJO
.OUTEIRO
.C. VICENTINA

2006

.Arga
.Pracana
.Socorro

2007

Control Room in operation

.AZINHEIRA
.ALMARGEM

2008

Endesa acquired by ENEL and Acciona

.LAGOA D. JOÃO
.SICÓ
.ALTO MINHO I
.RIBABELIDE
.SOCORRO

2010

93,7 MW

Acciona exits by divesting renewables assets. 93.7 MW sold to Acciona in Portugal

2011

.ALTO DO MARCO
.ALVAIAZERE

2014

22,8 MW

Minority stake in the Alvadia wind farm (49%of 22.8 MW) sold to project partners.

2015

445 MW

Finerge takes control of the 445 MW allocated to the portfolio of joint development of wind farms of ENEOP.
Finerge acquired by FSI.

.ALTO DOURO
.FONTE MESA II
.LOURINHÃ I
.LOURINHÃ II
.RAIA
.GEVANCAS II

2016

Over-powering of the Ventominho and Arga projects.

2017

227 MW

Ancora (172 MW) acquired by FSI.
Finerge acquires DST's stake in three wind farms (55 MW).

.VALE DO CHÃO
.MOIMENTA
.SERNANCELHE
.TRÊS MARCOS

2018

11,3 MW

Finerge buys stake in Catavento (11.3MW).

2019

150 MW

Finerge buys stake in VF Xira
and Baião (18.9 MW), Toutiço and Lomba do Vale (123 MW) and 6 solar plants in Spain (8,1MWp)

.VILA FRANCA DE XIRA
.BAIÃO
.TOUTIÇO
.LOMBA DO VALE
.ZAHARICHE
.CASARICHE
.CARBOJOSA LA SAGRADA
.LEDESMA
.LOS BROCHEROS

2020

290 MW

Finerge buys 10 solar plants (47,6 MWp) and 7 wind farms in Spain (242,4 MW)

.CORUCHE
.SEIXAL
.APRA B
.APRA A
.ACIL II
.TEJO REI
.MALHAPÃO
.ACIL I
.CANHA
.MONTEMOR-O-NOVO
.CABEZA MESÁ
.COLLADILLO
.EL RINCÓN
.COLL DEL MORO
.CORBERA
.TORRE MADRINA
.VILALBA DEL ARCS

2021

236,07 MW

Finerge acquires WTG stake in 3 wind farms (28,1 MW), PV Plant Sado (14,97 MWp) and EDF's Portfolio in Portugal (193 MW)

.Alto do Côto
.Serra da Laje
.Serra da Amêndoa
.Sado
.Arada- Montemuro
.Arada OP2
.Cabril
.Pinheiro
.S. Pedro

2022

17 MW

Finerge built 7 wind overpowering projects totaling 17MW.

.Arga OP
.Capucha OP
.São Paio OP
.Azinheira OP
.Alto do Marco OP
.Lomba do Vale OP
.Alvaiázere OP

2023

371,3 MW

Finerge builds 4 wind equipment projects with a total of 78.9MW. And it acquires the projects Eusébio (221.4 MW) already in operation and Alfanar (71 MW) scheduled to come into operation in 2024.

.DOURO SUL OP
.ALTO DO MINHO OP
.TOUTIÇO OP
.LAGOA D.JOÃO OP
.SINCELO
.TOCHA II
.VIGIA
.PENACOVA
.MAUNÇA

2024

104,1 MW

Aquisition of Navarra and Meroicinha projects (58,9MW
in operation) and built 45.2MW (12MW Solar greenfield and 33.2MW overpowering) in a total of 116,7MW

.LINTE
.S.MARCOS2
.JENÁRIZ
.MEROICINHA
.MONTEMOR
.CABRIL OP
.SICÓ OP
.LOURINHÃ II OP
.PICOS VALE DO CHÃO
.LOURINHÃ I OP
.GEVANCAS II OP
.PINHEIRO OP
.FONTE DA MESA II
.RAIA OP

2026

12,6 MW

.LINTE II

Shareholders

IGNEO INFRASTRUCTURE PARTNERS/ BNP Paribas Asset Management Alts

Finerge is jointly owned : 75% by infrastructure funds managed by Igneo Infrastruture Partners, an asset management company with over 25 years of experience in infrastructure, and 25% by BNP Paribas Asset Management Alts, a global leader in alternative investments, on behalf of its clients.

Igneo Infrastructure Partners (formerly First Sentier Investors) is a global asset management company focused on investing in high-quality, long-term assets for clients committed to responsible investment principles. It has a portfolio of over €150 billion in assets across diverse sectors. End investors are financial institutions, including pension funds and insurance companies from around the world.

BNP Paribas Asset Management Alts (BNPP AM Alts) is the alternative investments platform of BNP Paribas Asset Management. It is the largest alternatives asset manager in Europe and a global leader, with approximately €300 billion in assets under management across Real Estate, Infrastructure, Alternative Credit and Private Equity. With more than 30-year track record, BNPP AM Alts has built a reputation as a pioneering and innovative asset manager, combining an entrepreneurial investment culture with strategic discipline. BNPP AM Alts finances the real economy by providing equity and debt to help companies to expand by developing, managing and financing infrastructure and buildings essential to economic growth. Sustainability is at the core of our investment decision-making processes, with a particular focus on decarbonization.