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Acciona Energía Sells Hydroelectric Assets for €293 Million

Acciona Energía Sells Hydroelectric Assets for €293 Million

Corporacion Acciona Energias Renovables SA (ES:ANE) has released an update.

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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.

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