Grupo Enhol becomes a reference shareholder in Tetrace following the integration of Magma

Grupo Enhol se convierte en accionista de referencia de Tetrace tras la integración de Magma

Our associate company Grupo Enhol has announced the integration of Magma, its subsidiary specialised in the execution and maintenance of renewable energy assets, into the Navarre-based company Tetrace, also a member of Enercluster. This operation represents a further step in strengthening industrial activity linked to renewable energies and consolidates Tetrace as one of the leading industrial service providers (ISP) in the renewable sector at both national and international level.

As a result of this integration, Grupo Enhol becomes a reference shareholder in Tetrace, alongside Ciro Larrañeta and Comansa, while maintaining an active commitment to the project and participating strategically in its development and growth.

The resulting company will operate under the Tetrace brand, in line with an industrial strategy aimed at strengthening capabilities, expanding operational reach and accelerating growth in the markets where both companies are already present. In the wind sector, the integration will enable the delivery of a comprehensive offering covering engineering services, full-service maintenance, preventive and minor corrective maintenance, major corrective works, spare parts distribution, blade inspection and repair, and other specialised services. In photovoltaics and self-consumption, the operation strengthens capabilities in networks, installation and maintenance, as well as energy services and asset management throughout the entire asset life cycle.

According to Grupo Enhol, the integration of Tetrace and Magma combines experience, technical know-how and deployment capacity, resulting in a broader platform prepared to meet the growing demand for specialised maintenance, operational efficiency and high standards of safety and quality in the energy sector.

The transaction forms part of Grupo Enhol’s long-term industrial vision, focused on consolidating capabilities in the execution, maintenance and management of energy assets with a global ambition, based on shared values such as safety, operational excellence, innovation, sustainable growth and the central role of people as drivers of projects.

From ENERCLUSTER, we congratulate Grupo Enhol and Tetrace on this strategic step, which helps to further strengthen Navarre’s renewable industrial ecosystem and its positioning in international markets.

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