Corporacion Acciona Energias Renovables SA (ES:ANE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Acciona Energía has successfully completed the sale of 175MW of hydroelectric assets in Spain to Elawan Energy for €293 million, generating a capital gain of €180 million. This move is part of the company’s asset rotation strategy and underscores its strong market value. Acciona Energía continues to lead as a 100% renewable energy company, with operations in 25 countries.
For further insights into ES:ANE stock, check out TipRanks’ Stock Analysis page.