Acciona IPO

Acciona To List Its Renewables Division This Year; Expects To Double Installed Capacity To 20 GW By 2025

Acciona expects the IPO to take place this year, market conditions permitting. The perimeter of the new company would include the entire Energy business, excluding the company’s stake in wind turbine manufacturer Nordex. The size and structure of the transaction is yet to be defined, but the free float would at least be 25% of the capital of the new listed company.