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Acciona lends 500 million to Acciona Energía and prepares further divestments for 2027

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Image: Cinco Días

Acciona notified the CNMV of a 500 million euro loan to its renewables subsidiary, Acciona Energía, while it explores a full or partial sale of the unit. It is a perpetual subordinated loan with a fixed 7.7% annual interest rate for the first five years, which the group describes as a "support measure" to strengthen the subsidiary's balance sheet and credit ratios. Acciona hired Citi and Goldman Sachs to assess the market after offers from EQT and Ardian. The company acknowledges it will not meet its 2 billion euro divestment target this year.

In 45 seconds

  • Acciona grants Acciona Energía a 500 million euro perpetual subordinated loan at 7.7% annual interest for the first five years
  • The group is exploring a full or partial sale of the renewables subsidiary and hired Citi and Goldman Sachs to assess the market
  • Offers from funds EQT and Ardian fell short of the company's expectations
Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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