The decline in PPA prices in Spain and market volatility are leading Alter5 to strengthen its financing proposals in the merchant model. Salvador Carrillo, co-founder of Alter5, explains the leveraging opportunities that allow developers to tackle this uncertain environment with a flexible and digitized debt structure.

“Her negotiating ability will be tested,” says Carlos Martín Graña, who points out flaws in her support for sectors outside the renewable energy field and the industry.

With more than 560 companies in the market—a 40% increase compared to four years ago—differentiation and retention have become challenging. According to industry insiders, price remains the main factor influencing customer choices. In this context, the growing share of renewables in the energy mix and greater awareness of various contracting options are seen as positive signals.