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Acciona Energia looking to sell assets worth up to $4.7 bln

Acciona Energia looking to sell assets worth up to $4.7 bln

Reuters28-02-2025

MADRID, Feb 28 (Reuters) - Spanish power company Acciona Energia (ANE.MC) is working on potential sales of assets worth up to 4.5 billion euros ($4.68 billion) in countries including Spain and the United States, the top management said on Friday.
"We're looking to sell one or more portfolios of a decent size of wind assets in Spain, potentially complemented with the rest of the hydro assets we own," Chief Financial and Sustainabilty Officer Jose Entrecanales told analysts in a call on 2024 earnings.
The company is also considering unloading some assets in Mexico, Peru and Costa Rica, as well as the potential sale of its entire platform in Chile, which has 1 gigawatt of installed capacity, he added.
"In the U.S., we're working to monetise a significant part of our recently commissioned 1.3 gigawatts of solar PV assets," Entrecanales said.
($1 = 0.9620 euros)

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