Acciona, S.A. reached an agreement to acquire an unknown stake in Renomar, Energías Renovables Mediterráneas, S.A. from Grupo Med Wind Energy, SL.
January 25, 2023
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Acciona, S.A. (BME:ANA) reached an agreement to acquire an unknown stake in Renomar, Energías Renovables Mediterráneas, S.A. from Grupo Med Wind Energy, SL on January 26, 2023. The transaction is subject to antitrust approval and is expected to be closed at the end of June or at the beginning of July. As of July 19, 2023, Med Wind and Acciona in progress to develop new wind turbines in the interior of the province of Castellón, an investment of ?42.5 million.
Acciona, S.A. is a building and public works group organized around five areas of activity:
- design, construction and maintenance of infrastructures and buildings: roads, highways, tunnels, railroads, hydraulic facilities, wastewater processing plants, parking lots, hospitals, residences, etc.;
- energy services: production of electricity (wind, water, solar, and biomass), engineering and construction of wind power plants, production of aero-generators and bio-diesel fuel;
- water environmental services: design, construction and management of desalination units, distribution of potable water, wastewater treatment, etc.;
- services: cleaning services (streets, hospitals, etc.), airport handling services, collection and processing of wastes, logistics services, etc.;
- other: fund management, securities brokerage services, wine production, etc.