Isotrol opens office in Denver after generating half of its $37 million in revenue in North America.
Isotrol opens headquarters in Denver , Colorado. The Andalusian technology company already has offices in North America in Boston and Mexico . With more than a decade of operation in the United States, the company will grow at double-digit rates in the country starting in 2023. By 2024, its global revenue will exceed $ 37 million , with more than 50% of its recruitment coming from the North American market, where its workforce has increased fivefold in the last three years. The company has more than 400 professionals worldwide, with clients in North America such as AES, ENEL, Black & Veatch, and Iberdrola, among others.
The Spanish company—owned by its management team and, since December 2022, by the global asset manager Tikehau Capital —has experienced exponential growth, rising from €14.5 million in 2018 to €37 million last year. Its annual growth rate is over 20%.
From its new headquarters in downtown Denver, Isotrol is expanding its operational capacity to provide closer support to the more than 38 GW monitored with its technology in the United States. Its Bluence software—present in more than 3,500 renewable generation plants worldwide, with 180 GW under its control—"allows us to maximize the efficiency, availability, and profitability of facilities, covering the entire value chain of the sector," the company explains.
Near the market"The opening of our Denver office is a natural step in Isotrol's evolution in the United States. We want to be close to the market and support those who are making the energy transition possible by contributing our technical know-how," said Manuel Losada , CEO of Isotrol.
With a presence in Spain, the United States, Canada, Mexico, Chile, and Brazil , Isotrol develops projects in more than 45 countries on four continents. Its Bluence software "allows you to maximize the efficiency and profitability of renewable assets throughout their entire value chain, from field operations to commercialization in the energy markets."
eleconomista
