Impact Bridge, the Spanish fund manager specialized in impact investing, has completed a €13 million investment in Greenalia, an independent energy producer based in A Coruña, whose business focuses on generating energy through renewable technologies. The investment has been directed to Greenalia’s forest biomass division, which transforms logging residues from Galician forests into renewable electricity through its generation plant.
Thanks to this financing, Greenalia has partially renewed its fleet of forest residue balers, which are key to accessing Galicia’s forests to collect logging residues and forestry waste. These materials are subsequently processed and converted into biomass used for green energy production. Their collection contributes to clearing Galician forests and preventing wildfires in the region. The company operates a fleet of 38 balers, which it renews every 6–8 years, enabling it to manage the collection and processing of over 500,000 tons of certified forest biomass annually, producing more than 350 GWh of green electricity.
The main impact objective of this investment is the prevention of wildfires in Galicia, one of the region’s major challenges, exacerbated by climate change. By collecting forest biomass from cleared and harvested forests with sustainability certifications SURE, PEFC, and FSC, the project promotes active management of these residues, which, if left uncollected, would increase the risk of wildfire spread.
Additionally, this project supports high-quality rural employment, creating over 120 direct skilled jobs related both to forest waste collection and biomass processing.
Sustainable forest biomass is valorized at Greenalia’s Curtis treatment plant, where green energy is generated. The company has also launched a biogenic CO₂ capture project, which could later be used for synthetic fuel production.
“With this operation, we reaffirm our commitment to social and environmental impact projects as a valuable source of employment for rural communities. In addition, responsible forest management significantly reduces the risk of wildfires,” said Alejandra Pereda, fund manager at Impact Bridge.
The Greenalia transaction joins other notable investments by IB Deuda Impacto España, such as tuTECHÔ, Fundeen, ILUNION (Grupo Social ONCE), and Formació i Treball (linked to Moda re-), all focused on generating a real impact in Spanish society. This new partnership reinforces the fund’s strategic commitment to renewable energy, considered a key pillar for advancing an efficient and sustainable energy transition.
About ‘IB Deuda Impacto España’
Launched in July 2023 with the support of MicroBank, ‘IB Deuda Impacto España’ is a flexible private debt fund focused on capital preservation, with the aim of financing social and environmental impact projects in Spain. Its focus areas include rural development, labor inclusion, climate and environment, circular economy, sustainable agriculture, and gender equality.
It is the largest Spain-focused private impact debt fund, with over €147 million committed, and backed by major institutional investors such as the European Investment Fund (EIF), Microbank, Axis Participaciones (Grupo ICO), COFIDES, and other financial sector players. With a seven-year life span—three years of investment and four of harvesting—it is registered in Spain by the CNMV as a European Social Entrepreneurship Fund (FESE) and complies with the highest sustainability category (Article 9 of SFDR). Impact Bridge has received support from the EIF through its Alternative Lending for Sustainable Development instrument under Spain’s Recovery, Transformation, and Resilience Plan.
About Impact Bridge Asset Management
Impact Bridge is a Spanish collective investment institution manager with over €400 million in assets under management, specialized in quality impact investing focused on projects generating authentic, intentional, and measurable impact. Founded in 2018, its team comprises professionals with extensive experience in top asset management firms, sustainable and impact investing, and academia. Its investor base includes private institutional investors such as pension funds, foundations, and family offices, as well as public investors like the European Investment Fund, CDTI, COFIDES, and Axis (ICO).
About Greenalia
Greenalia, an independent 100% renewable energy producer, primarily develops wind, solar, and forest biomass projects. The company uses resources from certified plantations to generate electricity sustainably, contributing to employment creation and innovation in the communities where it operates. Headquartered in A Coruña, Greenalia has operations in the Iberian Peninsula, the Canary Islands, and the United States.
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