Green Eagle Solutions has raised €6 million in Series A funding to expand its AI-powered renewable asset automation platform across Europe and the USA.
Target Information
Green Eagle Solutions, a Spanish startup, has recently secured €6 million in a Series A funding round aimed at expanding its AI-driven renewable asset automation platform across Europe and the USA. The company operates at a crucial intersection of the energy sector, addressing the challenges of intermittent renewable energy generation from wind and solar sources. Green Eagle's innovative technology enhances the reliability of renewable assets, ensuring they can contribute to grid stability as effectively as their traditional counterparts, while simultaneously increasing profitability for asset owners.
The centerpiece of Green Eagle's operations is its automation platform, ARSOS, which empowers renewable assets to function autonomously. This enables clients to implement revenue-focused operations seamlessly. ARSOS has the capability to manage a diverse portfolio of technologies, integrating multiple wind farms, solar plants, and other essential infrastructure such as energy meters and storage solutions into a cohesive system. According to CEO and co-founder Alejandro Cabrera, their automation technology helps streamline operations, allowing clients to optimize their business strategies amidst the complexities of the modern energy market.
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Industry Overview in Spain
The renewable energy sector in Spain has been experiencing significant growth, driven by favorable government policies and increasing public awareness of the need for sustainable energy solutions. Spain is one of the leading countries in Europe for installed renewable energ
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Energy Transition Tech Fund of A&G
invested in
Green Eagle Solutions
in 2023
in a Series A deal
Disclosed details
Transaction Size: $6M