wind

ACCIONA Energía Sells a 361MW Wind Power Portfolio in Spain

ACCIONA Energía has completed the sale of a portfolio of operating wind assets in Spain with a total capacity of 361MW, for €432 million (equity value), to Galp New Energies.
Courtesy of Acciona Energy
Courtesy of Acciona Energy

The portfolio consists of 15 wind farms in Navarre, Zaragoza, Ciudad Real, Palencia, Guadalajara, and Seville. The assets sold to the Portuguese company's renewable energy division have an average operational age of 21 years.

The transaction was signed and closed simultaneously, with ACCIONA Energía receiving the full agreed amount at closing. The transaction is expected to generate a capital gain of €255 million.

The sale represents a further step in ACCIONA Energía's selective asset rotation strategy, aimed at maximizing the value of its projects and optimizing capital allocation, while strengthening the company's financial position.

Since 2024, the company has reached agreements for the sale of more than 3 GW of renewable capacity in Spain, Peru, Costa Rica, South Africa, the United States and Mexico, for €3.7 billion.

BNP Paribas and Baker McKenzie have acted as financial and legal advisors, respectively, to ACCIONA Energía in the transaction.

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