Encavis, RIC Energy, Voltalia named key EU energy transition firms

The Coordenadas Institute of Governance and Applied Economics has identifiedEncavis AG, RIC Energy, and Voltalia as key mid-sized firms advancing Europe’s energy transition. Voltalia, a France-based company operating in 20 countries, manages 3.3GW of installed or in-construction capacity and holds a 17GW pipeline across solar, wind, hydro, biomass, and storage. RIC Energy, headquartered in Spain, has over 15GW under development globally, focusing on solar PV, storage, wind, biogas, and eSAF in stable markets. Encavis AG, based in Germany and backed by KKR since 2024, operates over 3.8GW of wind and solar assets in 12 European countries. It supplies energy via feed-in tariffs, PPAs, and customized corporate solutions. According to the study, these firms contribute through geographic reach, flexible models, and multi-technology portfolios, supporting Europe’s clean energy goals and long-term energy security.