Ence accelerates its growth in renewables with the aim of tripling EBITDA in this business unit by 2030

Ence continues to develop the largest renewable energy platform based on the transformation of biomass into industrial heat, regulated electricity, biomethane and renewable fuels. To deliver this strategy, the company leverages the management of more than two million tonnes of biomass annually, positioning it as the leading biomass manager in the Iberian Peninsula.

This diversified growth across renewable energy streams will enable this business unit to triple its operating profit by 2030.

Biomethane

The development of the biomethane business is one of the main growth drivers within Ence’s renewables division. The company aims to exceed 1 TWh of annual production by 2030, with an EBITDA contribution of more than €60 million. Ence currently has a pipeline of 42 identified projects, 25 of which are in the permitting phase, in addition to one plant already in operation in La Galera. This rollout positions Ence as one of the best-placed players to capture the potential of renewable gas in Spain.

Renewable industrial heat

In parallel, the renewable industrial heat business, operated through its subsidiary Magnon, continues to expand with the goal of reaching 2 TWh of thermal energy production by 2030 and generating more than €40 million in EBITDA. The company currently has one facility in operation, another in commissioning and three projects under construction, consolidating a portfolio with strong growth visibility and long-term contracts.

Renewable electricity

Through Magnon, Ence is also the largest biomass manager in Spain and a leader in electricity generation from agricultural and forestry biomass. With 266 MW of installed capacity, it transforms agricultural residues into clean energy, fostering rural development, reducing wildfire risk and promoting a circular economy model.

Biomass plays a key role as it enables continuous, predictable and demand-adaptable electricity generation, with availability comparable to conventional technologies, making it a reliable solution to ensure the stability of the power system.

Renewable fuels

With regard to renewable fuels, the company is advancing the development of new opportunities linked to the use of biogenic CO₂ and its conversion into sustainable fuels and their derivatives.

This represents a strategic opportunity for Ence, as the production of renewable fuels requires biogenic CO₂ as a feedstock. In this field, the Ence Group holds a distinctive position, generating more than four million tonnes annually—approximately 50% of the total in Spain—concentrated in strategic locations close to ports and key industrial hubs.