Greenalia S.A.

Unverified
XFID Unique Identifier for Greenalia S.A.: XOGX6TMUN4
Country
XX
Sector
Utilities
Website
www.spglobal.com
4 Second Party Opinions
2 Frameworks
XFID Type Title Year Source Retrieved
XF-KEYYJR8-2 Framework Greenalia Green Finance Framework Jan 2024 2024 greenalia.es 31 Mar 2026
XF-MX4W7N1-D Framework Greenalia Framework (2025) 2025 greenalia.es 30 Mar 2026
XF-LOAR8J4-D Second Party Opinion Greenalia SPO (2025) 2025 greenalia.es 30 Mar 2026
XF-UXYD6OB-8 Second Party Opinion Greenalia Green Finance Framework Second-Party Opinion (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-OHUIDER-2 Second Party Opinion Greenalia Green Finance Framework Second-Party Opinion (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-N48TKUS-I Second Party Opinion Green Evaluation: Greenalia S.A. December 2020 €55 Million Senior Bond Issue 2021 www.spglobal.com 25 Feb 2026

XF Company Profile

Extra-financial information found across 6 documents in the XframeworkID registry

NACE D Electricity, Gas & Steam Supply

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Greenalia S.A., Spain Green Finance Framework 2024
Issuer sector/industry classification
Electricity, Gas & Steam Supply Green Finance Framework 2024
Issuer type
Independent renewable energy producer (IPP) Green Finance Framework 2024
Core business activities and geographic focus
Wind, solar, and certified forestry biomass electricity production and storage across Europe (Iberian Peninsula, Canary Islands) and the United States Green Finance Framework 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy
To produce and store electricity from renewable sources (wind, sun, and certified forestry biomass) in harmony with nature, bringing innovation and green jobs to operating areas Green Finance Framework 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Green Finance Framework 2024 Green Finance Framework 2024
Framework publication date and update history
January 2024 Green Finance Framework 2024
Eligible use-of-proceeds categories
Renewable Energy Second-Party Opinion 2024
Project evaluation and selection process description
Greenalia's management committee oversees project evaluation and selection of eligible investments. Committee consists of President, CEO, Chief Financial Officer, and senior representatives from corporate development, operations and maintenance, brand and communications, and construction teams. Internal procedure adopted to address environmental and social risks. Second-Party Opinion 2024
Management of proceeds approach
Finance team oversees process under CFO supervision. Internal tracking system tracks allocation of net proceeds. Full allocation intended within 12 months of issuance. Unallocated proceeds temporarily held in cash or cash equivalents. Second-Party Opinion 2024
Temporary investment of unallocated proceeds
Cash or cash equivalents Second-Party Opinion 2024
Financing timeline (disbursement period)
12 months Second-Party Opinion 2024
Reporting commitments under framework
Annual reporting on allocation of proceeds on website until full allocation Second-Party Opinion 2024
Refinanced vs. newly financed project distinction
Mix of refinancing and new financing: proceeds intended to refinance two existing bonds and finance further eligible green projects Second-Party Opinion 2020

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, January 15, 2024 Second-Party Opinion 2024
SPO preliminary evaluation or credibility rating
Credible and impactful Second-Party Opinion 2024
SPO assessment scope and methodology
Alignment with four core components of Green Bond Principles 2021 and Green Loan Principles 2023 Second-Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 and 2023 Second-Party Opinion 2024
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles 2023 Second-Party Opinion 2024
Alignment with UN Sustainable Development Goals
SDG 7 (Affordable and Clean Energy) Second-Party Opinion 2024

Issuance Details

Bond instrument type
Green Bond Second-Party Opinion 2020
Par or principal amount of bond and currency
€55 million Second-Party Opinion 2020
Bond maturity date
Five-year maturity Second-Party Opinion 2020