Article

Holaluz, a green electricity retailer in Spain, faced a financial crisis in 2024 but recovered through a refinancing plan and support from Icosium Investment. The company, which has invested over 80 million euros in technology to connect energy producers with customers, restructured its debt and operational model in response to rising interest rates and declining solar installation demand. With an annual revenue of approximately 250 million euros and over 250,000 contracts, Holaluz aims to grow through distributed generation and green gas solutions despite competition from larger energy firms.