Company:Acciona Energy

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Short description: Renewable energy company

ACCIONA Energía, a subsidiary of Acciona. Is a company dedicated to providing solutions based on renewable energy, with the goal of contributing to the decarbonization of the planet.[1]

Based in Madrid, ACCIONA Energía is involved in the energy industry’s entire value chain: the development and structuring of projects, engineering, construction, supply, operations, maintenance, asset management and management and sales of clean energy.

The company has a manufacturing facility in West Branch, Iowa, which manufactures wind turbines.[2]

In June 2014, Kohlberg Kravis Roberts announced it was taking a one-third stake in the international energy business of the company, at a cost of €417 million ($567 million). The renewable energy generation business operates renewable assets, largely wind farms, across 14 countries including the United States, Italy and South Africa.[3]

In 2016, the wind turbine manufacture business unit Acciona Windpower merged with those of German/Danish turbine manufacturer Nordex to form Nordex Group.[4]

History

ACCIONA Energía has its start more than 30 years ago in the renewable energy industry. Important milestones in its history include the installation in December 1994 of the first commercial wind farm in Spain on the Sierra del Perdón, next to Pamplona, Navarra, by the Energía Hidroeléctrica de Navarra, S.A. company, acquired by ACCIONA in 2003[5] and 2004,[6] and the KW Tarifa wind farm by the Alabe company, a subsidiary of ACCIONA, in 1995.  

In 2009, it acquired more than two GW (gigawatts) of renewable assets as part of the operation agreed with the Enel electric group where ACCIONA stopped participating in Endesa.  

Business lines

ACCIONA Energía (with the business name of Corporación Acciona Energías Renovables, S.A.) counts with renewable energy assets in five technologies (wind power, solar energy, hydroelectricity, biomass and solar thermal energy) which, as of December 31, 2021, added up to 1.2 gigawatts (GW) of installed capacity. This capacity is distributed between 16 countries in all five continents and in 2021 it produced a total of 24.5 terawatt-hours (TWh) of 100% renewable energy, equivalent to the electric consumption of 7.6 million homes.[7] The company has announced its goals of reaching a total installed capacity of 20 GW by 2025 and of 30 GW by 2030, with new installations primarily for wind power and solar energy.[8]

Besides generating and selling renewable energy, ACCIONA Energía also works in the following industries: energy for self-consumption, energy efficiency services, installation and operation of infrastructure for charging electric vehicles, and green hydrogen industries, focused primarily on corporate and institutional clients.[9]

International presence

ACCIONA Energía counts with an active presence in 20 countries throughout the five continents. The primary geographic areas where it operates, besides Spain , are North America (the United States and Canada ), Latin America (Mexico, Chile , Brazil , Peru, Costa Rica, and the Dominican Republic) and Australia . It is also present in Africa, with projects in Egypt and South Africa , as well as in other European countries (Portugal, France , Italy, Poland , Croatia, Ukraine and Hungary).[10]

Sustainability

Since 2015, ACCIONA Energía has been topping Energy Intelligence’s Top 100 Green Utilities list, which ranks the top 100 power companies in the world based on their carbon emissions and their renewable assets.

Likewise, in 2021, S&P Global Ratings granted it a score of 86 out of 100 in environmental, social, and corporate governance matters, which was the best score in the energy industry worldwide and the fifth best score among all industries.[11]

See also

  • Acciona

References

  1. "Acciona Energía portfolio". 10 June 2022. https://www.enercluster.com/portfolio/acciona-1/. 
  2. Acconia unveils 3MW turbine
  3. "Equity investor KKR picks stakes in ACCIONA Energía unit for 417mn euros". Spain News.Net. http://www.spainnews.net/index.php/sid/223221423/scat/a5286f17ab326d15/ht/Equity-investor-KKR-picks-stakes-in-Acciona-Energia-unit-for-417mn-euros. Retrieved 24 June 2014. 
  4. "Siemens and Gamesa to merge wind businesses". Financial Times (Nikkei Inc.). 18 June 2016. https://www.ft.com/content/01551aec-34ae-11e6-bda0-04585c31b153. 
  5. "Acciona compra el 50% de EHN por 382,68 millones" (in Spanish). 31 July 2003. https://cincodias.elpais.com/cincodias/2003/07/31/empresas/1059818340_850215.html. 
  6. "Acciona compra el 39,58% de Energía Hidroeléctrica de Navarra por 307 millones" (in Spanish). 29 October 2004. https://cincodias.elpais.com/cincodias/2004/10/29/empresas/1099216737_850215.html. 
  7. "Energía Renovable | ACCIONA | Business as unusual" (in es). https://www.acciona.com/es/soluciones/energia/. 
  8. Magariño, Javier Fernández (2021-06-07). "Acciona Energía desliga su plan hasta 2030 de proyectos por 8.200 millones candidatos a fondos UE" (in es). https://cincodias.elpais.com/cincodias/2021/06/07/companias/1623068946_434123.html. 
  9. "Acciona alineó el 93% de sus inversiones con actividades sostenibles en 2021, según la taxonomía europea" (in es). 2022-03-14. https://elperiodicodelaenergia.com/acciona-alineo-el-93-de-sus-inversiones-con-actividades-sostenibles-en-2021-segun-la-taxonomia-europea/. 
  10. "Acciona Energía gana 363 millones de euros en 2021, un 77% más, y anuncia un primer dividendo de 0,28 euros" (in es). 2022-02-24. https://elperiodicodelaenergia.com/acciona-energia-gana-363-millones-de-euros-en-2021-un-77-mas-y-anuncia-un-primer-dividendo-de-028-euros/. 
  11. elEconomista.es. "S&P da a Acciona Energía la mejor nota ESG del sector eléctrico - elEconomista.es" (in es). https://www.eleconomista.es/inversion-sostenible-asg/noticias/11259488/06/21/SP-da-a-Acciona-Energia-la-mejor-nota-ESG-del-sector-electrico.html. 

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