2025 Universal Registration Document

Cobra IS

COBRA IS

Active in 65 countries, Cobra IS is a major player in Spain, its domestic market, along with Portugal and Latin America. It is a recognised expert in applied engineering and specialised services in energy, as well as in industry, telecommunications and mobility. Flow business generates the greater part of its activity. Led by its strong entrepreneurial culture, Cobra IS also takes part in large EPC (engineering, procurement and construction) projects, chiefly in the energy sector. Its skill set extends across the energy value chain, encompassing financing, development, installation and long-term operation and maintenance of renewable energy production assets, notably including photovoltaic systems.

Cobra IS generated €8.0 billion in revenue in 2025, up 13% from 2024, in strategic sectors where growth is driven by the digital and energy transitions. During the year, it also continued to expand its portfolio of energy assets.