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The Elecnor Group is one of the leading global corporations in the development, construction and operation of projects and services through two major businesses that complement and enrich each other: Services and Projects and Investments in Infrastructure and Renewables.
The diversification of its activities has been one of the strategic axes throughout its history, which has allowed it to cover different sectors ranging from electricity, power generation, gas, railways, telecommunications, control systems, construction, water, environment, maintenance, facilities, to aerospace engineering.
Its strong international vocation has led it to a continuous process of expansion that has opened the doors to new markets all over the world, the main ones being America, Africa, Australia and the Middle East.
In short, a Group whose technical and financial solvency allows it to promote, develop and build all kinds of infrastructures on all five continents.
We are drivers of change and well-being: we bring infrastructure, energy and services to territories around the world so that they can realise their potential.
Initially focused on the electric industry (power lines, substations, lighting and installations), it quickly broadens its area of business to include telecommunications and begins expanding with the creation of Spain’s first subsidiary, Postes Nervión (today Adhorna), specialised in prefab engineering and applications.
Its first foreign subsidiary is also born: Elecven (Electrolíneas de Venezuela), considered the first milestone in the international outlook which has always defined Elecnor.
During this time, the company’s area of business stretches to include the entire country, and it begins to operate in the conventional technology and hydroelectric generation markets, along with the nuclear industry, where it will develop sizeable contracts.
It remains involved in telecommunications infrastructure and begins developing industrial control systems with its own technology.
In 1975, Elecdor (Ecuador), the company’s second foreign subsidiary, is incorporated, and, in 1976, it creates the Internacional de Desarrollo Energético (IDDE) to promote the search for international projects and secure commercialisation and financing.
Three years later, in 1979, it breaches the Brazilian market with the creation of Elecnor do Brasil.
Its pioneering turnkey project in the Ivory Coast is followed by others in Cameroon, Senegal and Burkina Faso. Apart from establishing itself in French-speaking Africa, Elecnor Group begins operating in the Dominican Republic, completes the Guatemala-El Salvador interconnection, is awarded significant contracts in Honduras and settles permanently in Central America.
In Spain, these years see the company delve into the railway industry with overhead line work and become a major player in the gas industry.
Likewise, and following its divergence from Industrial IT, it creates the corporation Cegenor, later Cosinor, in 1987, as a company specialised in Control Systems.
Midway through the decade, Elecnor Group begins to establish itself in the environmental industry by forming a specific Business Management and becoming majority shareholder in the company Hidroambiente.
Following its strategy of diversification, Elecnor in 1997 decided to create Enerfín in order to work as a promoter and investor in the wind energy market, where it has grown continuously in recent years. Its first projects in Galicia were followed by others in different regions of Spain as well as in Canada and in Brazil, where it has the largest wind farm in the southern hemisphere.
In the railway sector, a major technological project started in 1994 was completed in conjunction with other Spanish companies, when the company was awarded the contract for the electrification of the Madrid-Barcelona AVE high-speed railway line.
The concession business for electricity transmission systems becomes one of the pillars of the Group through the construction and operation of concessions in Brazil and Chile. The commitment to concessions extends to other markets.
In the civil works, building and hydraulic works sector, Elecnor decided to undertake this activity as a specific business area through the company Ehisa Construcciones y Obras, acquired in 2001, the year in which Deimos Space was also set up, the parent company of what is now Elecnor Deimos.
In 2004, the Group acquired the company Atersa and the photovoltaic solar activity has grown exponentially in recent years.
Elecnor, S.A. spun off the services and projects branch of activity, known as Elecnor Infraestructuras, into a new company called Elecnor Servicios y Proyectos, S.A.U. Elecnor S.A. continues to be the listed parent company of the Group and three companies report to it: Elecnor Servicios y Proyectos, S.A.U., Enerfín Sociedad de Energía, S.L.U., and Celeo Concesiones e Inversiones, S.L.
In short, a long history of continuous growth and diversification that have made the Elecnor Group, with more than 60 years of history and a presence in more than 50 countries, a benchmark business group in its sectors of activity.