Banc Sabadell | Credit rating agency Fitch has downgraded the outlook from stable to negative, confirming the BBB- (Investment Grade) rating. The downgrade is due to delays in the execution of its divestment plan, as well as a slight deterioration in its operating performance in 2025. Assessment: Negative news, although we do not expect a significant impact. We note that the company remains very active in its asset rotation plan…

Link Securities | The renewable energy company announced that it will begin construction of two new wind farms in South Africa in the coming weeks, with a total capacity of 194 MW. The energy generated by both projects – Zen and Bergriver – will be supplied to Etana Energy, one of the country’s leading energy traders, for the first 20 years of operation. Located between Gouda and Saron in the…

Link Securities | Acciona (ANA) has joined a letter signed by 143 renewable energy companies warning the US Congress and Senate that the energy policy and latest decisions taken by Donald Trump’s administration could lead to a halt in investment in solar energy, resulting in fewer jobs, less wealth for the country and higher energy prices, according to Expansión newspaper.

Alphavalue/Divacons | The Spanish alternative energy company has completed the sale of 13 wind farms in Spain (440 MW) to Opdenergy for €530 million. The transaction also includes a solar pipeline of up to 351 MWp. The farms, which are around 15 years old, are spread across several provinces (Albacete, Cádiz, Cuenca, Lleida, Valencia and Zamora). The transaction will generate a net profit of €190 million for Acciona, reinforcing its…

Banc Sabadell | Acciona Energía (ANE) is reportedly negotiating the sale of its wind assets in Galicia (26 wind farms with a total of 550 MW, which came into operation between 1998 and 2005) to the company Recursos de Galicia (a public-private partnership) for around €700 million, although the transaction is still in its early stages, as Recursos Galicia has only sent a non-binding proposal, according to Expansión. We would…

Alphavalue / Divacons | The Spanish alternative energy company injected €40 million into its electric motorcycle subsidiary Silence through a capital increase. This financial contribution seeks to sustain the Catalan company’s growth and strengthen its financial structure, raising Silence’s subscribed capital to a total of €102 million. The motorcycle company had a turnover of €18 million in 2024 and lost almost €37 million.

Norbolsa | Acciona has increased its stake in Acciona Energía from 85.47% to 91.11% after executing the equity swaps agreed a year ago, reopening the debate on a possible delisting. Other options being considered by Acciona include a spin-off to separate the infrastructure and renewable energy businesses, promoting a merger with the parent company, seeking strategic partners, or maintaining the current situation while assessing the market environment.

Link Securities | Acciona (ANA) has been awarded the urban sanitation contract for eight municipalities in the Brazilian state of Espírito Santo by Companhia Espírito Santense de Saneamento (CESAN) with planned investments of 540 million Brazilian reais (around €85 million) over the 23-year contract period, according to the digital portal Bolsamania.com. Specifically, the project consists of wastewater treatment and the provision of commercial management support services in the aforementioned municipalities…