Igneo, a sustainable engineering leader in Spain, has acquired Emberiza, an environmental consultancy, to strengthen its service offerings and enhance its market position in Spain and Latin America.

Information on the Target

Igneo, a leading sustainable engineering firm in Spain, has successfully acquired 100% of the capital of the environmental consultancy firm Emberiza. This acquisition marks a significant step for Igneo as it aims to enhance its service portfolio and establish itself as a frontrunner in environmental consultancy within the industry. The integration of Igneo and Emberiza results in a combined entity with revenues exceeding 15 million euros, supported by a team of over 400 professionals operating across Spain, Brazil, and Panama.

Emberiza specializes in the processing and approval of renewable energy projects, including wind, photovoltaic, ammonia, and green hydrogen energy. Their expertise encompasses the entire project lifecycle, from preliminary evaluations to decommissioning, including environmental approval processes, construction, and operational management.

Industry Overview in Spain

The environmental consultancy sector in Spain has been experiencing significant growth, driven by increasing regulatory requirements and the country's commitment to sustainable development. As industries pivot towards greener practices, the d