First project developed by Finerge
Finerge
For over 20 years, Finerge has worked to provide access to more sustainable energy sources to the world. In 2019, Finerge is Portugal’s second-largest renewable energy producer.
Finerge operates 57 Wind Farms and 16 PV solar plants located in more than 46 Municipalities across Portugal and 3 provinces in Spain. Day and night, more than 670 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 2.384Gwh. All this means that more than 1,312 ktons of CO2 emissions are 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.
Portal da freita
1999
CARAVELAS
2000
Alto da Vaca
Alvão
Alvão
2002
ARCIPRESTE
AGUIEIRA
ALTO DA VACA II
SRA. CASTELO I
SRA. CASTELO II
AGUIEIRA
ALTO DA VACA II
SRA. CASTELO I
SRA. CASTELO II
2003
MOINHO VELHO
ALVÃO II
DIRÃO DA RUA
CADRAÇO
MANIQUE
ALVÃO II
DIRÃO DA RUA
CADRAÇO
MANIQUE
2004
VIDEIRA
ALFARROBEIRA
CAPUCHA
ESPIGA
SAO PAIO
PASSARINHO
MONTIJO
OUTEIRO
C. VICENTINA
ALFARROBEIRA
CAPUCHA
ESPIGA
SAO PAIO
PASSARINHO
MONTIJO
OUTEIRO
C. VICENTINA
2005
Finerge acquired by Endesa
Arga
Pracana
Socorro
Pracana
Socorro
2006
AZINHEIRA
ALMARGEM
ALMARGEM
2007
Control Room in operation
LAGOA D. JOÃO
SICÓ
ALTO MINHO I
RIBABELIDE
SOCORRO
SICÓ
ALTO MINHO I
RIBABELIDE
SOCORRO
2008
Endesa acquired by ENEL and Acciona
2009
Acciona exits by divesting renewables assets. 93.7 MW sold to Acciona in Portugal
ALTO DO MARCO
ALVAIAZERE
ALVAIAZERE
2011
2014
Minority stake in the Alvadia wind farm (49%of 22.8 MW) sold to project partners.
ALTO DOURO
FONTE MESA II
LOURINHÃ I
LOURINHÃ II
RAIA
GEVANCAS II
FONTE MESA II
LOURINHÃ I
LOURINHÃ II
RAIA
GEVANCAS II
2015
Finerge takes control of the 445 MW allocated to the portfolio of joint development of wind farms of ENEOP.
Finerge acquired by FSI.
Finerge acquired by FSI.
2016
Over-powering of the Ventominho and Arga projects
VALE DO CHÃO
MOIMENTA
SERNANCELHE
TRÊS MARCOS
MOIMENTA
SERNANCELHE
TRÊS MARCOS
2017
Ancora (172 MW) acquired by FSI.
Finerge acquires DST's stake in three wind farms (55 MW).
Finerge acquires DST's stake in three wind farms (55 MW).
2018
Finerge buys stake in Catavento (11.3MW)
VILA FRANCA DE XIRA
BAIÃO
TOUTIÇO
LOMBA DO VALE
ZAHARICHE
CASARICHE
CARBOJOSA LA SAGRADA
LEDESMA
LOS BROCHEROS
BAIÃO
TOUTIÇO
LOMBA DO VALE
ZAHARICHE
CASARICHE
CARBOJOSA LA SAGRADA
LEDESMA
LOS BROCHEROS
2019
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)
and Baião (18.9 MW), Toutiço and Lomba do Vale (123 MW) and 6 solar plants in Spain (8,1MWp)
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
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
2020
Finerge buys 10 solar plants (47,6 MWp) and 7 wind farms in Spain (242,4 MW)
Arouca(Alto do Côto)
Mação (Serra da Lage e Serra da Amêndoa)
Mação (Serra da Lage e Serra da Amêndoa)
2021
Finerge acquires WTG stake in 3 wind farms (28,1 MW)
First Sentier Investors
Finerge’s shareholder is First Sentier Investors (former First State Investments), a global asset management company with over 25 years’ experience.
First Sentier Investors, owned by Mitsubishi Group, is capitalised by pension funds from all over the world, which represents the trust of thousands of people across the globe.
It manages over 150 billion euros in assets with a diversified portfolio. It operates in countries such as Germany, the United Kingdom, Sweden, Denmark, France, Spain and, of course, Portugal.
Finerge is First Sentier Investors' bet for growing in the European renewable energy market.
The energy of people
The human element is a crucial factor in any sustainability bill. Finerge’s employees work daily as Climate Keepers.
Want to join Finerge?
Find out how here.
Sustainability
The Finerge Group is committed to promoting the country's sustainable development through the diversified production of clean electricity and the adoption of sustainable internal practices. Finerge's sustainability strategy focuses on promoting the well-being and growth of its employees, on climate action and environment protection.
The Finerge Group periodically evaluates the social and environmental aspects related to its activity, developing actions towards those that are considered significant and controllable, whether direct or indirect. These includes:
- promoting the qualification and satisfaction of its employees;
- adapting security policies that ensure nil work accidents
- preventing emissions of fluorinated greenhouse gases in the installations;
- reducing the amount of non-recovered waste generated in maintenance operations;
- environmental monitoring of various faunal and floristic groups;
- contributing to the conservation of endogenous species;
- measures to defend the forest against fire.
Finerge subscribes to the United Nations Sustainable Development Objectives, and works on a daily basis to make them a reality, by actively contributing mainly to 7 SGDs and 22 SGD targets.
Awards and Certifications
Official certifications
ISO 9001:2015.
Quality Management Systems
ISO 14001:2015.
Environmental Management Certification
ISO 45001:2018
Security Management Systems
and Occupational Health
Quality, Environment and Safety Policy
At the end of 2018, Finerge obtained its certification in Management in Quality, Environment and Safety.