SmartestEnergy acquires Spanish energy firm Factor Energia for €204 million
By Eve
SmartestEnergy has purchased Factor Energia, a Spanish energy company, for €204 million as part of its global expansion strategy. The acquisition was reported by The Energyst and marks a significant move into the Spanish market for the UK-based energy services provider.
Why it matters
The deal strengthens SmartestEnergy's European presence and could expand its capacity to support EV charging infrastructure and renewable energy procurement across Spain, a growing market for electric mobility and grid services.
Source
- Original title
- “SmartestEnergy expands global footprint with €204 million acquisition of Spanish energy firm Factor Energia”
- Published
- 17 April 2026 (date approximate)
- Updated
- 22 September 2026
In this story
- Topic
- Grid & Energy
- Tags
- SmartestEnergy · Factor Energia
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