About us

We are a Management Company of alternative investments specialized in renewable energy infrastructures.

Elona was established in 2019 as an independent investment firm, and as of 2023 was authorized by the CNMV (Spanish regulator) as an Asset Manager of collective closed-end funds.

We have a multidisciplinary team with significant experience in the renewable sector, with over 150 years of combined experience behind us.


Elona identifies and invests in renewable assets that are profitable on their own, without relying on public subsidies, leveraging:


High solar radiation
in Spain and Portugal


Commitment of growth
of renewable energy in Europe


cost reduction


Simplified construction


Limited political risk


Excellent expected returns
with limited risks

The company has a long-term vision, sharing risks with investors and pursuing to generate added value for its shareholders by investing in assets that are under development, under construction or already in operation.

Ethics and sustainability are the foundation of our professional activity, promoting values such as integrity, honesty, and transparency.

Additional Services

Elona Development

  • Identification of greenfield opportunities and viability analysis
  • Management of the licenses for access and connection to the electrical network
  • Co-development contracts management
  • Permits, licensing and authorizations permits obtention
  • Full asset management service
  • Negotiation and execution of EPC and O&M contracts
  • Hybridization analysis of renewable energy projects
  • Analysis and development of energy storage projects (BESS and Green hydrogen)

Elona Advisory

  • Comprehensive consultation of renewable energy projects
  • M&A structuring and transactions
  • Capital and debt financing
  • Constitution of SPVs
  • Capital increase structuration
  • Identification of business opportunities
  • Articles of Association and shareholders agreement
  • Holding company restructuring

Elona Real State

  • Land search and Landowners identification
  • Negotiation of lease and sale contracts
  • Real estate acquisition, lease and exploitation
  • Comprehensive land portfolio management