Acciona Energía

What Acciona Energía does

Acciona Energía S.A. is the dedicated renewable energy subsidiary of Spanish conglomerate Acciona S.A. (91% ownership), positioned as the world's largest energy operator working exclusively in renewables with no fossil-fuel heritage. The company owns and operates 14.6 GW of installed capacity spanning six generation technologies — onshore wind, photovoltaic solar, concentrated solar power (thermosolar), biomass, small-scale hydropower, and offshore wind — plus large-scale battery energy storage (BESS), across 22 countries on five continents, generating approximately 26 TWh annually. Its portfolio includes marquee assets such as El Romero in Chile, Aldoga in Australia, Tahivilla in Spain, and the San Carlos wind farm in Mexico, with notable capital projects underway including a 196 MW/980 MWh BESS in Chile and a 180 MW solar PV project in the Philippines.

The business generates revenue through four primary streams: (1) wholesale renewable electricity supply via long-term power purchase agreements (PPAs) with utilities, grid operators, and corporate off-takers (e.g., Acciaierie Venete 800 GWh, Exxaro Resources); (2) energy-as-a-service on-site industrial installations (GrafTech 1.56 MWp, Ferrer 432 kWp) under 15-year PPAs with no upfront client cost; (3) an aggressive asset rotation program that has executed €3.3B of divestments since 2024 across South Africa, the US, Mexico, Canada, and Spain to recycle capital while retaining management contracts; and (4) emerging adjacent services including EV charging infrastructure (396 Shell Recharge points via Cable Energía) and residential/SME self-consumption solutions via the Solideo subsidiary. Customer segments span industrial/enterprise decarbonization clients (primary), utilities/grid operators, the mining sector, and the domestic/SME market, with geographic diversification providing natural hedging against single-market regulatory or pricing shocks.

Name

Acciona Energía

Legal name

ACCIONA Energía S.A.

Website

https://acciona-energia.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Acciona Energía is a pure-play renewable energy operator — majority-owned by Acciona S.A. — that owns 14.6 GW of wind, solar, hydro, biomass, and storage capacity across 22 countries, selling electricity to utilities and industrial clients under long-term PPAs while executing a multi-billion-euro asset rotation program.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Electric Power Generation (22111), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Major Component Service & Overhauls (Gearboxes, Blades, Generators, Inverters, Turbines) (EUAMAGAF), Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL), Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ)

Keywords

• Renewable energy generation
• Wind power solutions
• Solar photovoltaic systems
• Power purchase agreements
• Energy storage solutions

Headquarters

HQ city

Alcobendas

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Renewable Energy Generation: ACCIONA Energía generates revenue through ownership and operation of renewable energy assets (wind, solar, hydro, biomass) across 22 countries. The company owns 14.6 GW of installed capacity and generates approximately 26 TWh of renewable electricity annually. Revenue comes from selling electricity to utilities, grid operators, and corporate customers under PPAs.
2. EV Charging Infrastructure: Through acquisition of Cable Energía, ACCIONA Energía expanded into EV charging infrastructure with 396 Shell Recharge points, providing electric mobility solutions.
3. Asset Rotation Program: Company generates capital gains through strategic divestment of operational renewable assets while often retaining management contracts. Executed EUR 3.2 billion in divestments in 2025, generating approximately EUR 900 million in capital gains. Target of EUR 1.1 billion in additional proceeds in 2026.
4. Small Hydro Portfolio Divestment: Sold 64-MW small hydro portfolio in Spain (18 hydropower stations) for an estimated capital gain of EUR 55 million as part of asset rotation strategy.
5. Energy-as-a-Service (Industrial Decarbonization): Provides on-site photovoltaic installations to industrial clients under long-term PPAs in an energy-as-a-service model. Company handles installation, operation, and maintenance with no upfront investment required from client.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Acciona Energía owns, develops, constructs, and operates utility-scale renewable energy generation assets across six technologies (onshore wind, solar PV, concentrated solar power/thermosolar, biomass, small hydro, and offshore wind) totaling 14.6 GW of installed capacity across 22 countries. The company sells the generated electricity to utilities, grid operators, and industrial customers primarily under long-term Power Purchase Agreements (PPAs), and provides on-site renewable installations, battery energy storage systems, green hydrogen, energy efficiency consulting, EV charging, and self-consumption solutions for residential and SME clients via its Solideo subsidiary.

Product overview

ACCIONA Energía is the world's first operator dedicated exclusively to renewable energy, operating a portfolio of six core generation technologies (wind, solar PV, solar thermal, biomass, hydroelectric, and offshore wind) totaling 14.6 GW of installed capacity across 22 countries. The company combines its generation assets with a comprehensive suite of energy services including renewable energy supply via PPAs, green hydrogen, energy storage, energy efficiency consulting, electric mobility solutions, and distributed generation/self-consumption products. The portfolio includes acquired brands like Solideo (self-consumption specialist) and spans the full value chain from project development and construction to operation, maintenance, and energy services for industrial and commercial customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Renewable Energy Supply (PPAs) Long-term supply of 100% renewable electricity generated from the company's wind, solar, hydro, and biomass assets to utilities, grid operators, and corporate customers across 22 countries under Power Purchase Agreements and bilateral supply contracts.
• Industrial Decarbonization Solutions (On-site PV Energy-as-a-Service) On-site photovoltaic installations at industrial client facilities operated under multi-year Power Purchase Agreements with no upfront investment from the client. Acciona handles installation, operation, and maintenance. Demonstrated with 1.56 MWp system at GrafTech Navarra (2 GWh/year under 15-year PPA) and 432 kWp rooftop system for pharmaceutical company Ferrer.
• Self-Consumption Solutions (Solideo)

Quantifiable outcome

• 72% increase in annual electricity production at Tahivilla wind farm after repowering (98 turbines replaced with 13 new units)
• +5 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Gestore dei Servizi Energetici (GSE)minorOthers · 16 April 2026Italian public body managing Energy Release 2.0 scheme under which ACCIONA signed 800 GWh renewable supply agreements with industrial clients at fixed €65/MWh. ACCIONA will develop new renewable projects receiving fixed tariff over 20-year period under this framework.
• Mexico Infrastructure Partners (MIP)coreStrategic or Co-development Partner · 16 December 2025ACCIONA agreed to sell a 49% stake in its 1.3 GW US photovoltaic portfolio to MIP while retaining 51% majority stake, plus divest its entire stake in two Mexican wind farms totaling 321 MW. Deal valued at $1 billion (€855 million in equity value), expected to close H1 2026 subject to regulatory approvals. MIP separately announced $12 billion infrastructure investment plan in Mexico including renewable energy.
• Philippines Department of EnergyminorOthers · 4 December 2025Philippines Department of Energy awarded ACCIONA 20-year power supply contract for 180 MW solar PV project on Cebu island as part of Green Energy Auction Program Round 4. Project expected to operate by late 2026.
• SolideocoreStrategic or Co-development Partner · 12 June 2023ACCIONA Energía acquired a majority stake in Solideo, a Spanish solar energy solutions provider specializing in self-consumption and energy efficiency. The acquisition enables expansion into the domestic and SME self-consumption market in Spain, which is experiencing rapid growth. Solideo has achieved significant market share in Catalonia and operates across Spain.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Iberdrola: Spanish-headquartered global utility with one of the world's largest renewable generation portfolios and significant onshore/offshore wind, solar and BESS operations. Iberdrola is the most direct comparable to ACCIONA Energía in geographic mix, technology breadth and Iberian market presence.
• Enel Green Power: Renewable energy subsidiary of Enel Group operating wind, solar, geothermal and hydropower assets across Europe, the Americas, Africa and Asia. Comparable to ACCIONA in multi-technology portfolio, global geographic spread and integrated industrial PPA offerings.
• EDP Renováveis: Iberian-headquartered pure-play renewables developer with wind and solar operations across Europe, North America and South America. Closely comparable in technology mix, Iberian origin and multi-continent operating footprint.
• Ørsted: Danish global leader in offshore wind with growing onshore wind, solar PV and BESS operations. Highly comparable in the offshore wind capability and the asset-rotation strategy that recycles capital from mature offshore wind farms into new pipelines.
• EDF Renewables: Renewables arm of French utility EDF, with wind, solar and storage operations across Europe, North America, South America and Africa. Directly comparable in multi-technology renewable development and integrated PPA-based B2B supply model.
• NextEra Energy Resources: World's largest renewable energy generator by capacity, operating wind, solar and battery storage primarily in North America. Comparable in scale of generation portfolio and the early leadership in utility-scale battery storage deployment.
• RWE Renewables: German-headquartered renewables developer with significant offshore and onshore wind, solar and BESS operations in Europe, the US and Australia. Comparable multi-technology, multi-region profile and asset rotation of mature wind farms to fund growth.

Broad incumbents

• Engie: French multinational utility with a growing renewables portfolio alongside legacy gas and networks. Comparable to ACCIONA in corporate PPA-driven renewable supply and energy-as-a-service offerings to industrial clients, though broader and less pure-play.
• Vattenfall: Swedish state-owned utility with significant wind, solar and hydro generation across Northern Europe. Comparable in hydro heritage and expanding wind/solar footprint, though more regionally concentrated than ACCIONA.

Emerging players

• Masdar: UAE-based renewable energy developer with rapidly expanding wind, solar and green hydrogen portfolio across the Middle East, Africa and Asia. Comparable in multi-technology renewable development, emerging-market focus and ambition to scale beyond home region.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ACCIONAEnergia

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Acciona Energía