The sale on the open market comes as no surprise, as the two family branches did not renew the agreement on pre-emptive rights, which expired on 14 July. Reported by Bankinter Tussen de Grachten BV, a company based in the Netherlands through which the Entrecanales Franco branch controls 29.02% of Acciona, has sold 3% of the share capital of the company. The sale of 1.65 million shares was carried out…
Among the interested firms are Brookfield, KKR, EQT, and GIP (owned by Blackrock), all of which have powerful funds specialised in energy. For now, the managers and the company remain silent. Reported by Link SecuritiesThe period for submitting expressions of interest to buy a part or 100% of Acciona Energía, Acciona’s renewable subsidiary, ended last Monday, and among those who have submitted non-binding offers are the managers Brookfield, KKR, EQT,…
Since 2024, the group has reached agreements to sell more than 3 GW of renewable capacity in Spain, Peru, Costa Rica, South Africa, the United States and Mexico, for a total of €3.7 billion and with an average implied multiple of €1.2 million per MW. Reported by Bankinter The group has announced the sale of 15 wind farms with a capacity of 361 MW in Navarre, Zaragoza, Ciudad Real, Palencia,…
Report by Bankinter The two branches of the Entrecanales family, which jointly own 55 per cent of Acciona’s share capital through various companies, will allow the agreement relating to pre-emptive rights over the company’s shares to lapse. Tussen de Grachten BV, the company through which the Entrecanales Franco branch controls 29.02 per cent of Acciona, announced in January last year – one and a half years in advance, in accordance…
Report by Bankinter The precarious financial situation of Mostostal, Acciona’s Polish subsidiary listed on the Warsaw Stock Exchange, has forced its board of directors to seek solutions to avert the risk of bankruptcy for the construction group. Acciona – which controls 62 per cent of the share capital – having undertaken several capital increases and capitalised debt in recent years, has submitted to the board a proposal for a takeover…
Report by Banco Sabadell José Manuel Entrecanales, having defined renewables as assets for national security, has invited expressions of interest in Acciona Energía and continues to evaluate various strategic alternatives. Currently, all options are on the table: launching a takeover bid for 100% and delisting the company, the possible inclusion of a major shareholder, a sale to a third party, a spin-off or a merger with the parent company or…
Reported by the Editorial Team Acciona Energía has agreed to sell its remaining hydroelectric assets, a 64 MW portfolio comprising 18 small hydroelectric plants in Navarre and La Rioja, to White Summit Capital for €66 million, debt-free. The transaction, which is expected to close in the coming weeks, is forecast to generate capital gains of approximately €55 million. Hydroelectric generation has been part of Acciona’s business since it entered the…
Acciona has engaged the services of two investment banks to analyse all strategic options, including delisting, in relation to its 91% stake in Acciona Energía, the group’s renewable energy subsidiary. Among the various options available to Acciona is the possibility of launching a takeover bid for 100% of the subsidiary’s shares to delist it, as well as the potential introduction of a major shareholder, a sale to a third party,…
Link Securities|Acciona (ANA), through Acciona Energía (ANE), has engaged the services of BNP Paribas (BNP-FR) as financial adviser for the sale of a wind farm portfolio in Spain valued at around €400 million, according to a report in the newspaper Expansión on Thursday. The transaction (the Sirocco project) comprises several wind farm projects already in operation in Spain, totalling around 361 MW of installed capacity, according to sources consulted, who…
Bankinter | Bestinver is the investment fund subsidiary of the group controlled by the Entrecanales family, which manages a significant portion of the family’s wealth and that of thousands of other investors, both institutional and retail, and has assets under management of €7.64 billion. Bestinver closed 2025 with an EBITDA of €55 million (up 8%) According to press reports, Acciona has in recent months been in contact with various financial…