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  • X-ELIO

    Company Overview

    X-ELIO

    Madrid, Spain

    2005

    Approximately 700 employees (source: rocketreach.co). Revenue of $154.7 million in 2024 (source: growjo.com).

    What We Do

    X-ELIO primarily specializes in photovoltaic (PV) solar technology, covering the entire lifecycle of development, construction, financing, and operation of large-scale solar plants. The company has built over 2.6 GW and operates 25 solar plants in 10 to 12 countries (source: rocketreach.co). Their services include project engineering, permitting, construction management, asset monitoring, and long-term operations, often combined with power purchase agreements (PPAs) to provide clean energy to corporate and utility customers (source: zoominfo.com). Target markets span Europe, the Americas, Asia-Pacific, and emerging regions, serving a diverse range of clients, including pharmaceutical giants like Thermo Fisher Scientific and GSK (source: x-elio.com). X-ELIO stands out for its scale, with over 3 GW developed and a global presence in 12 countries, positioning itself as a leader in project execution and strategic partnerships with Brookfield and KKR (source: caixinglobal.com).

    Projects and Track Record

    Highlighted projects include the Turroneros photovoltaic plant in Xixona, Alicante, Spain, whose first phase was commissioned to supply clean energy equivalent to 17,500 homes, with an investment of €25 million. The second phase (Turroneros II) will add 15 MW in November 2024, reaching a total capacity of 50 MW (source: x-elio.com). The CSF Cubillas photovoltaic plant in Albolote, Granada, was inaugurated on March 26, 2025, being the company's seventh solar installation in Andalusia (source: x-elio.com). Ongoing projects include the Lorca photovoltaic plant in Murcia, which received administrative authorization in January 2023, with a planned investment of €270 million and the creation of over 300 direct jobs during construction (source: x-elio.com).

    Recent Developments

    In the past two years, X-ELIO announced the sale of a 50 MW solar plant in Almería to Tion Renewables on January 7, 2025, strengthening both companies' positions in Spain's energy transition (source: x-elio.com). The company inaugurated the CSF Cubillas plant in Granada on March 26, 2025, with the presence of regional officials, and commissioned the 15 MW expansion of Turroneros II in Xixona on November 20, 2024 (source: x-elio.com). A significant financing milestone occurred on March 21, 2023, with an Acq-Fin-II round of $1,007 million from Brookfield and KKR, part of over $556.62 million raised in three rounds (source: cbinsights.com).

    Working There

    X-ELIO offers roles in various areas such as development, construction, operations, finance, and legal. Recruitment activities focus on the Madrid headquarters and operations in the U.S., Japan, and Latin America, with recent growth supporting projects like Lorca, which will generate over 300 temporary jobs during construction (source: x-elio.com). The company culture is reflected in an anniversary event held in Murcia on December 13, 2023, which brought together over 100 local managers and authorities, highlighting their commitment to sustainability and energy transition (source: x-elio.com). While specific benefits are not documented, private equity backing suggests competitive packages typical in the renewable energy sector (source: leadiq.com).

    Contact


    Last updated on 2026-01-03 | Report an issue

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