Banco Sabadell : According to press reports, Endesa has shown interest in the hydroelectric assets that Acciona has recently put up for sale. Specifically, they would comprise 626.5 MW spread over 34 plants and with a concession life of between 12 and 39 years. According to the news, Acciona Energía aims to obtain around €1,000 million in a process that is still in its initial stages, and in which the...

Acciona Energía, the renewable energy subsidiary of Acciona, has put the bulk of its hydroelectric business, which encompasses around 650 megawatts (MW) and is valued at €1 billion, up for sale, according to Reuters. This operation is part of ANE’s asset rotation plan, which already sold 175 MW of hydroelectric power to Elawan last July for €287 million, as reported by Expansión. This is the third operation that ANA has...

Renta 4 | Acciona Energy has announced the launch of the Bellwether project, which will become the second largest onshore wind farm in the world, with a capacity of 3,000 MW. This farm will be located in Perth, Australia and will require an investment of €2,500 million. Construction will begin in 2025 and it is expected to be operational in 2030. Assessment: Positive news. The announcement reinforces Acciona Energy’s international...

Intermoney | ACS (Buy, PO 46 €) and Acciona (Buy, PO 200 €) have been awarded, together with the Meridian fund, the SR400 toll road, which will be located in the vicinity of Atlanta (United States), according to the newspaper El Confidencial. With an investment of approximately €9.8 billion, the project has a construction period of approximately 5.5 years with an operation and maintenance period of a further 50 years....

Link Securities | The Calcasieu Bridge Partners (CBP) consortium, formed by Sacyr (SCYR), Acciona (ANA) and Plenary Americas, has reached financial closure for the design, construction, operation and maintenance for 50 years of the bridge over the Calcasieu River, part of the Interstate Highway (I-10), in Louisiana (USA), according to Expansión newspaper. According to Efe, the financing includes a tax-exempt private activity bond issue for an amount of $1.333 billion...

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...