Link Securities | Acciona has won a 258 million euros contract to design and build a sea water desalination plant in Chile, according to Europa Press. The new plant will be located in Puerto Patache de Collahuasi, 70 kms south of the city of Iquique. The project forms part of the “Infrastructure Development and Productive Capacity Improvement” plan for the mining company Doña Inés de Collahuasi (CMDIC)’s operations. It also…

Intermoney | According to press reports yesterday, Acciona Energía (ANE) (Buy, Target Price 34 euros/share) has begun construction on the wind power complex MacIntyre. This is the largest one in Australia, with a total capacity of 1.026MW and an associated investment of 2 billion Australian dollars (1.3 billion euros). The MacIntyre complex consists of two wind farms: MacIntyre (923MW), owned by Acciona Energía (70%) and Ark Energy (30%), on which…

Banc Sabadell | Acciona (ANA) and Globalvía have agreed that the former should pay Globalvía for the arbitrage which is open in relation to the Chilean motorway Ruta 160 (which the latter bought in from the former in 2017), according to the media. Although there are no details on the final price to be paid, Globalvía’s initial claim was for 128 million euros (~1% of Acciona’s capitalisation). That said, it…

Intermoney | Acciona (Buy, TP 200 euros/share) has won the contract to build and maintain a waste treatment and energy generation plant in north London, with an investment of 800 million euros. The new installation will have the capacity to treat 700,000 tonnes, as well as to supply electricty and heating to 50,000 homes. The plant will be able to treat up to 135 tonnes of recyclable material and it…

Link Securities | Acciona has teamed up with Copenhagen Infrastructure Partners (CIP) and other European firms to develop the biggest energy island in the world in Denmark. The project aims to develop up to 10 GW of marine wind energy, with an investment estimated at 28 billion euros. Acciona is participating in the consortium as the builder of the infrastructure, called VindØ Energy Island, which will extend initially for 120,000…

Acciona has been awarded the contract for the construction and operation over the next 25 years of three water treatment plants in Saudi Arabia. They will have a total capacity of 440,000 cubic metres per day and will serve a population of 2.1 million. This news is further proof that Acciona is not only made up of its listed renewable subsidiary, but also has profitable businesses within the Group.