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Acciona Energia Offloads Spanish Hydro Assets
2025-02-28 13:46
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Wedoany.com Report-Feb 28, Acciona Energia has closed the sale of a 626MW hydroelectric portfolio in Spain to Endesa, after receiving the relevant authorisations.

Acciona Energia has received approximately €1bn for the transaction.

The 626MW included in the transaction corresponds to 34 hydroelectric plants located in Aragon, Soria, Valencia and Navarra, with long-term concession agreements with a remaining average life of around 30 years.

The facilities are reservoir (56% of capacity), flowing (30% of capacity), and pumping (14%) plants, with an annual production of around 1.3TWh.

This transaction is part of Acciona Energia's asset rotation strategy, highlighting the value and strength of its assets in the market.

Spain
Ocean Energy
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