Iberdrola Group acquires 100% of Balantia to accelerate the decarbonisation of the companies

• The electricity company acquires the 80% stake it did not control in the company specializing in energy efficiency and decarbonisation.
• Balantia and Iberdrola launch NZE Manager platform to boost companies' emissions reductions

La empresa, con sede en España pero que también desarrolla proyectos en distintos países europeos, fue recientemente seleccionada por la Cámara de Comercio de España en la VII Edición del Premio Pyme del Año 2023 como una de las mejores 15 empresas entre las más de 1.750 presentadas.

Iberdrola Group, of which Iberdrola España is part, acquires the 80% it did not control of Balantia, a company created in 2011 to develop energy efficiency and sustainability in companies, and to enable their decarbonisation and reduce their emissions and costs.

Iberdrola, which entered the firm's capital in 2019 through its start-up program, Perseo, has over the past four years put Balantia's technological capabilities to good use in more than 180,000 homes and companies, to which it has provided energy diagnostics and information to make decisions in this area.

The company, based in Spain but also developing projects in different European countries, was recently selected by the Spanish Chamber of Commerce in the VII Edition of the SME of the Year Award 2023 as one of the best 15 companies among the more than 1,750 submitted.

Find out more about how Balantia and the Iberdrola Group are accelerating the decarbonisation of companies.

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