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Velora Will Invest 100 Million Euros in an Industrial Project in Euskadi that Plans to Create a Hundred Jobs

Summary by Deia
Velora, an industrial group specialized in the energy sector owned by businessman Dámaso Quintana, has announced its plans to invest 100 million euros in Araba in a new plant for products linked to electrification. The project will be developed through ECN All Wind, the industrial platform of Velora in which also the Basque Government - with 7.8%- and the investment company Ekarpen participate in a minority way.
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Velora, an industrial group specialized in the energy sector owned by businessman Dámaso Quintana, has announced its plans to invest 100 million euros in Araba in a new plant for products linked to electrification. The project will be developed through ECN All Wind, the industrial platform of Velora in which also the Basque Government - with 7.8%- and the investment company Ekarpen participate in a minority way.

·Bilbao, Spain
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Velora, an industrial group specialized in the energy sector owned by businessman Dámaso Quintana, has announced its plans to invest 100 million euros in Álava in a new plant for products linked to electrification. The project will be developed through ECN All Wind, the industrial platform of Velora in which also the Basque Government - with 7.8%- and the investment company Ekarpen participate in a minority way.

The project will have the support of the Basque Government and the Ekarpen Fund, and they hope to create one hundred jobs.

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berria.eus broke the news on Friday, October 16, 2026.
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