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Acciona buys Darby’s network business (1,200 km of power lines and 30 substations) in Peru for €220 million

TOPICS:
Acciona energia

Posted By: The Corner 9th August 2024

Banc Sabadell | Acciona (ANA) has reportedly reached an agreement to acquire Darby’s network business in Peru, which would include 1,200 km of high-voltage lines and 30 substations in a 30-year concession project. The deal is reportedly worth €220 million.

Acciona currently manages 820 km of high-voltage lines and more than 20 substations in Peru.

Assessment: Positive news with limited impact due to the size of the transaction (~1.1% of EV).

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.