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…
Link Securities | The company has signed bilateral agreements for a total of 800 GWh of renewable energy to support the decarbonisation of multiple energy-intensive industrial clients in Italy, including the steelmaker Acciaierie Venete, the digital portal Bolsamania.com reported yesterday. The company explained that the contracts have been signed under the Italian Energy Release 2.0 mechanism, managed by the public entity Gestore dei Servizi Energetici (GSE) and designed to accelerate…
Link Securities | The Polish subsidiaries of ACS, Acciona (ANA) and Ferrovial (FER) are leading three of the consortia bidding for the first major high-speed rail contract in Poland, a project linked to the new Warsaw International Airport (CPK) which makes it the country’s largest public works project and one of the largest in Europe, with a total budget of over €30 billion, of which around €18 billion will go…
Link Securities | Acciona (ANA), through its water division, has strengthened its position in Italy with one of its largest contracts in the country, according to the newspaper elEconomista. Acciona leads the consortium that has been awarded the contract to modernise the Naples East wastewater treatment plant in Campania. The project is worth €111 million. Acciona heads the winning consortium, which includes its local partners Fisia Italimplanti and Ottogas. The…
Morgan Stanley | Rob Pulleyn (analyst) believes that concerns about drastic changes to the EU ETS and carbon policy are overblown. He does not expect the ETS to be cancelled, suspended or materially watered down, despite market concerns ahead of the Council of Ministers meeting on 19–20 March and the review of Phase V of the ETS in July. He anticipates modest reforms, likely focused on slowing down the CBAM…
Link Securities | Acciona Energía (ANE) has completed the installation of a photovoltaic self-consumption system at the production headquarters of GrafTech, a world leader in the manufacture of graphite materials, in Ororbia (Navarra), according to Bolsamanía. The installation, which began operating in mid-February, has a total power of 1.56 MWp and will generate approximately 2 GWh of renewable electricity per year. Given the high energy demand of the production centre,…
Bankinter | Giorgia Meloni is considering a plan to lower electricity prices that could have a negative impact on the sector. The plan being considered by Italian Prime Minister Giorgia Meloni consists of intervening in the functioning of the electricity market to eliminate the impact of CO2 costs from bills. The marginal cost of generation from a combined cycle gas plant is what sets the price of electricity on many…
Link Securities | Acciona Energía (ANE) has completed the repowering of its Tahivilla wind farm (84.4 MW) in Tarifa (Cádiz) and is finalising its commissioning, according to a report by Bolsamanía on Tuesday. The repowering project consisted of replacing 98 old wind turbines with 13 state-of-the-art units, increasing annual energy production by 72% thanks to greater installed power. The repowering project consisted of replacing 98 old wind turbines with 13…
Norbolsa | Both companies have been awarded, as part of the ActivUs consortium, a mega railway contract in Australia valued at €3.4 billion to improve the line between Brisbane and the Gold Coast region, a key project for the 2032 Olympic Games, an event that is expected to significantly increase demand for travel between the Queensland capital and one of the country’s main tourist destinations. Work will begin in late…
Alphavalue/Divacons | The Spanish alternative energy company has closed a €206 million deal, marking the first sustainable financing based on purchases from suppliers (shopping line) covered by Sinosure (China Export & Credit Insurance Corporation), China’s export credit agency. According to a statement issued by the company, the transaction was underwritten by BBVA (Buy, Target Price €6.24/share), which led the process as lead arranger and coordinator for Sinosure through its Hong…