Haizea Wind Group reported revenues of €417m in 2025, up 12% year-on-year, while net profit rose 11% to €20m.
The company said it met its strategic and business plan targets despite a complex geopolitical and market environment and increasing pressure from Asian competition.
Haizea Wind Group added that it has nearly tripled revenue over the past five years, rising from €129m in 2020 to over €400m in 2025.
The group said it is negotiating new orders to secure its backlog and meet future targets.
Haizea Wind Group employs 1500 people and has maintained activity levels and jobs through its operational performance.
“In a complex geopolitical environment, with an energy sector and wind market affected by project delays and under pressure from unfair Asian competition, at HWG we have met our targets and maintained our growth trajectory,” said Borja Zárraga, chief executive of Haizea Wind Group.
“Our approach is rigorous and robust, and the figures support it.”
“Despite market tensions, Haizea has contracts in place that cover its backlog for 2026, and we are closing additional agreements that will ensure stability in the coming years.”
The group operates four production divisions including offshore towers and foundations, large casted elements and onshore towers.
Haizea Wind Group said its Bilbao plant has expanded production capacity following a €250m investment focused on XXL monopiles.
The company added that it has the capability to manufacture components for turbines exceeding 20MW, providing a commercial advantage.
Haizea Wind Group said it consumed 100% renewable electricity across its Spanish plants and advanced its climate neutrality plans in 2025.