Startup Fundraising

Green Eagle Automation Secures Capital for Global Expansion

Green Eagle Solutions partners with Copilot Capital to scale its automated renewable energy operations platform, ARSOS, internationally.

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Green Eagle Solutions raised a new round (Series C) from Copilot Capital.
  • Sector: Energy Infrastructure & Renewables, Technology, Software & Gaming.
  • Geography: Spain, United States, Europe.

Analysis

Green Eagle Solutions, a pioneer in automating renewable energy operations, has secured a significant investment from Copilot Capital, signaling a new phase of aggressive international growth. The Spanish technology firm, founded in 2012 by software engineers Alejandro Cabrera and Juan Fernández, aims to solidify its position as the leading platform for managing complex energy grids.

The core of Green Eagle's offering is its ARSOS Automation Suite, launched in 2020. This sophisticated platform moves beyond simple monitoring, automating critical operator actions such as fault resolution, curtailment management, and energy dispatch. By unifying disparate operational data and executing workflows autonomously, ARSOS empowers asset managers and energy traders, reducing the need for constant human oversight in 24/7 control rooms. This automation is crucial as the renewable energy sector faces escalating complexity from expanding portfolios across wind, solar, and battery storage, coupled with volatile energy prices and evolving regulatory frameworks.

Currently, the ARSOS platform oversees an impressive 90 GW of renewable assets, including over 10,000 wind turbines. It processes more than one million automated actions monthly across diverse global markets, spanning Iberia, Europe, North America, Latin America, and Australia. This extensive operational footprint underscores the platform's scalability and effectiveness in managing a wide array of renewable energy technologies and geographical regions.

Copilot Capital's investment is strategically aligned with its focus on backing high-growth software businesses with the potential to become global category leaders. John Messer, Founder and Managing Partner at Copilot Capital, highlighted Green Eagle's ideal fit with their investment thesis. "Green Eagle Solutions is the ideal fit with Copilot’s strategy of backing fast-growing software businesses and helping them become European software champions and category leaders around the world," Messer stated. This partnership is expected to accelerate Green Eagle's expansion, particularly into the lucrative U.S. market, where the company has already established relationships with two major power producers.

Alejandro Cabrera, Co-Founder and CEO of Green Eagle Solutions, expressed enthusiasm for the new partnership. "When Copilot Capital first got in touch, it didn’t feel like another investor testing the water," Cabrera remarked. "They already understood our business, where we sat in the market, and had a real strategy for a company at exactly our stage. That told us this wasn’t just an opportunity to raise capital - it was an opportunity to bring on a partner who could help us get there faster." He added, "Together with Juan, I’m excited to keep building the autopilot for renewable energy operations, at a much greater scale."

The influx of capital from Copilot Capital will be instrumental in building the necessary operational infrastructure and refining the go-to-market strategy to support Green Eagle's ambition of becoming a global powerhouse in energy operations automation. The company's success in managing such a large volume of assets and automated actions positions it favorably within a sector increasingly reliant on advanced technological solutions for efficiency and reliability.