Company · Energy & Climate

Ingenostrum

www.ingenostrum.com ↗ ·Madrid ·Series B

Ingenostrum, which trades as Nostrum Group, is a Spanish developer of energy-transition infrastructure. It develops utility-scale solar photovoltaic projects, Power-to-X green hydrogen projects and data centres powered by renewable energy. Founded in 2009 by Santiago Rodríguez Agúndez, the company has developed more than 10 GW of solar projects for third parties across Spain, Latin America, the United States and Asia. In December 2023 it raised €25 million from Andera Partners through its Andera Smart Infra 1 fund, in exchange for a minority stake of more than 30% and at a valuation above €50 million. In June 2026 IREN completed its acquisition of the company for about €128 million, gaining roughly 490 MW of secured, grid-connected power in Spain and a team of more than 50 people.

Founded

2009

Founders

News

Rounds

Investors

SectorsRenewable Energy, Solar PV, Green Hydrogen, Data Centers Start-up MapEnergy & Climate › Energy infrastructure services

Profile updated 24 Sep 2026

Founders

Santiago Rodríguez Agúndez

Founder & Executive Chairman

Global models

No comparables on record yet.

Investors 1

Andera Partners

www.anderapartners.com ↗

Investor France

Funding rounds 1

Other · €25M

Spanish renewable-energy project developer Ingenostrum raised €25 million from French fund Andera Partners through its Andera Smart Infra ve…

2023-12-21

News & media 10

Published	Article
2026-09-15	Nostrum Evergreen Advances in Badajoz With a €12.7 Million Substation ↗ CloudNews.tech
2026-06-15	IREN Completes Acquisition of Nostrum Group Expanding AI Cloud Platform to Europe ↗ GlobeNewswire
2026-05-07	IREN Expands AI Cloud Platform to Europe with Acquisition of Nostrum Group ↗ IREN / GlobeNewswire (press release)
2026-01-22	Nostrum Data Centers announces AI-ready, sustainable data centre assets in Spain will be available in 2027 ↗ Intelligent Data Centres
2026-01-09	Nostrum Data Centers appoints JLL for 800 MW Spain projects ↗ The Tech Capital
2025-12-02	AECOM appointed to deliver Nostrum Group's data centre in southwest Spain ↗ AECOM (press release)
2025-06-02	Ingenostrum to build 300MW data center in Spain ↗ BeBeez International
2025-01-27	Triodos financiará los "miniparques" solares de Ingenostrum ↗ Energías Renovables
2024-09-09	La sevillana Ingenostrum levantará en Curtis un centro de datos por 55 millones ↗ El Progreso
2023-12-21	Spanish energy transition developer INGENOSTRUM accelerates, with a fund raising of 25M€ from Andera Partners ↗ Andera Partners (press release)