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 46 Wind Farms and 10 PV solar plants located in 46 Municipalities across Portugal and 3 provinces in Spain. Day and night, more than 550 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 2.265Gwh. All this means that more than 1,248 ktons of CO2 emissions will be avoided this year.
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, 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
BAIÃO
TOUTIÇO
LOMBA DO VALE
2019
Finerge buys stake in VF Xira
and Baião (18.9 MW), Toutiço and Lomba do Vale (123 MW)
and Baião (18.9 MW), Toutiço and Lomba do Vale (123 MW)
First State Investments.
Finerge’s shareholder is First State Investments, a global asset management with over 25 years’ experience.
First State Investments 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, and, of course, Portugal.
Finerge is First State Investments’ 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
- prevention of emissions of fluorinated greenhouse gases on the installations;
- reduction of the amount of non-recovered waste generated in maintenance operations;
- environmental monitoring of various faunal and floristic groups;
- contribution to the conservation of endogenous species;
- actions to defend the forest against fire.
Finerge subscribes to the UN’s Sustainable Development Goals, to make them a reality on a daily basis. mainly 7 SDGs and 22 SGD targets the objectives to which Finerge actively contributes.
Awards and Certifications
Official certifications
ISO 9001:2015.
Quality Management Systems
ISO 14001:2015.
Environmental Management Certification
OSHAS 18001:2007
Occupational Health and Safety
Management Systems
Quality, Environment and Safety Policy
In the end of 2018, Finerge obtained its certification in Management in Quality, Environment and Security.