This Saturday, the Ministry for the Ecological Transition and the Demographic Challenge began a procedure to disqualify the Catalan Holaluz as an electricity marketer. The reasons behind the start of the process were unknown. Now, as advanced by the FiveDays and ARA has been able to confirm, the reason that would have motivated the ministry to undertake the process has been a non-payment of six million euros to different distributors. Specifically, Holaluz's debt is four million euros to the subsidiaries of Endesa's networks and it also has one million euros pending payment to Iberdrola and Naturgy.

Renewable energy companies, research centers, and professionals are sounding an alarm: "It has been a very, very, very bad year," assured Víctor Cusí, one of the spokespeople for the Observatory of Renewable Energies of Catalonia (OBERCat), during the presentation of the annual report.

The Catalan energy company Holaluz has gone from being considered a success story to being one step away from losing its operating license. Last week, the Spanish government began the procedures to withdraw its consideration as an electricity marketer and a procedure to transfer their clients to other reference companies. However, what has happened since the applause in entrepreneurship forums and the headlines for Holaluz to have reached this point?

The Spanish stock market for SMEs BME Growth suspended this Monday the trading of shares of the Catalan energy company Holaluz, after the Spanish government reported on Saturday that it has initiated the administrative procedure to extinguish Holaluz's license as an electricity marketer.has initiated the administrative procedure to extinguish the license of Holaluz as an electricity marketer.

The Ministry for Ecological Transition and the Demographic Challenge has initiated an administrative procedure to extinguish the authorization of the Catalan company Holaluz as an electricity marketer, as it has been considered that the company has failed to comply with the obligations required for the exercise of this activity. In parallel, the ministry has also initiated the procedure for the transfer of the company's clients to a reference marketer, as reported in the Official State Gazette (BOE) this Saturday. Sources from the department have confirmed to the Efe agency the opening of the file, although they have not yet specified the reasons.

Carlota Pi, an engineer and businesswoman, grew up in a family of entrepreneurs. "Since we had a business, at home we talked about sales, clients, and whether they were happy. And this has influenced me a great deal," she explains in statements to'CompaniesWith the idea that the ultimate purpose of any company should be to make the world a better place, Pi co-founded Holaluz in 2010, the energy company that promotes the democratization of green energy.

Good news for the Catalan energy company Holaluz. The judge in Barcelona's Commercial Court No. 5 has approved the company's debt restructuring plan, giving the group a breathing space and allowing it to avoid the insolvency it would have been forced to face due to the debt maturities it was facing.