Elecnor S.A./€ENO

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About Elecnor S.A.

Elecnor S.A. is a Spanish company operating in the infrastructure, engineering, and renewable energy sectors. The company engages in the development, construction, and management of projects, including electricity networks, telecommunications systems, railroads, water infrastructure, and environmental projects. Founded in 1958, Elecnor is headquartered in Madrid, Spain, and operates in over 50 countries, primarily in Europe, the Americas, Africa, and the Middle East. Its strategic positioning is bolstered by a strong focus on sustainability and renewable energy, particularly through its wind and solar energy projects. Elecnor's diversified portfolio and extensive geographic presence provide a competitive advantage in the global infrastructure and energy markets.

Ticker

€ENO

Primary listing

BME

Employees

28,218

Elecnor S.A. Metrics

BasicAdvanced
€2.1B
-
-€1.10
0.72
€7.70
31.30%

Bulls say / Bears say

Spain’s Energy Ministry is reviewing the legal cap on grid investment—currently limited to 0.13% of GDP—to support increased spending on power networks, potentially unlocking new contracts for Elecnor’s transmission and distribution business (Reuters).
The European Commission’s recent easing of state aid rules for green projects under the Net Zero Industry Act increases funding availability for renewable energy infrastructure, benefiting Elecnor’s wind and solar EPC services (Reuters).
The European Investment Bank’s €1.6 billion financing of the Spain–France subsea interconnector underscores strong momentum in cross-border transmission projects, where Elecnor is well-positioned to secure high-voltage infrastructure contracts (Reuters).
Ongoing Houthi attacks in the Red Sea have forced shipping lines to reroute vessels around Africa, driving up war risk insurance premiums and delaying equipment deliveries for Middle East infrastructure projects where Elecnor operates (Reuters).
Spain’s payment of a €32 million arbitration award to foreign investors over retroactive cuts to renewable energy subsidies highlights ongoing regulatory liabilities that could pressure margins on Elecnor’s renewable energy projects (Reuters).
Protracted permitting and planning procedures in EU renewable energy projects can take several years, creating scheduling uncertainties and cost risks for Elecnor’s development pipeline (Reuters sustainable finance reporting).
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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