Business
Elmya Energy and Atlantica Sustainable Infrastructure Launch Joint Venture to Bring Online 4 GW of U.S. Power Projects
Elmya Energy and Atlantica Sustainable Infrastructure Ltd today announced the formation of Elmantic, a new joint venture to develop 4 GW of utility-scale renewable energy projects in the United States. The Elmya Energy USA team, together with the Atlantica North America team, will spearhead all development activities for the new Joint Venture.
About this update from Atlantica, Inc.
[{"type":"text","content":"Funding for Elmantic signals new era for renewable energy development focusing on quality site selection, competitive pricing, and speed to market","length":146,"tagName":"p","attribs":{}},{"type":"text","content":"AUSTIN, Texas and RICHMOND, Va., Sept. 4, 2025 /PRNewswire/ -- Elmya Energy and Atlantica Sustainable Infrastructure Ltd today announced the formation of Elmantic, a new joint venture to develop 4 GW of utility-scale renewable energy projects in the United States. The Elmya Energy USA team, together with the Atlantica North America team, will spearhead all development activities for the new Joint Venture.","length":418,"tagName":"p"},{"type":"image","alt":"Elmya Energy logo","displaySize":"","headline":null,"caption":"Elmya Energy logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":122,"url":"https://media.zenfs.com/en/prnewswire.com/8d6364d2107ff144c154fb6ad45ca557"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/e2zRsi1sbktzjqq94VfJsg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIxNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/8d6364d2107ff144c154fb6ad45ca557","width":400,"height":122}},"href":"https://mma.prnewswire.com/media/2763761/Elmya_Energy_USA_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Elmantic draws upon the deep, global project development expertise of Elmya and Atlantica's operational excellence and infrastructure investment capabilities. Founded as an electrical contractor in 1966, Elmya, based in Seville, Spain, has grown into a global renewable energy company connecting more than 3 GW of renewable energy projects worldwide.","length":354,"tagName":"p"},{"type":"text","content":"Atlantica is a leading sustainable infrastructure company focused on the development, construction and management of renewable energy, storage, efficient natural gas and transmission assets across North America, Europe, and South America.","length":238,"tagName":"p"},{"type":"text","content":"Carlos Piñar, Managing Director of Elmya, said, "The U.S. stands as one of the largest and most dynamic markets for energy in the world. Our formation of Elmantic during this time of resetting and growth for the U.S. power industry underscores our conviction that renewable energy will continue to play a major role in America's expanding economy....