Business · Companies · 4 hrs ago
Acciona lends €500 million to renewable energy subsidiary as it weighs sale
Acciona has lent €500 million to Acciona Energía, its renewable energy subsidiary, to strengthen its finances and credit ratios.
The loan is perpetual, so the subsidiary has no fixed repayment date, and its interest rate is 7.7% a year for the first five years.
Acciona is exploring a full or partial sale of the business, with Citi and Goldman Sachs assessing the market.
Offers from investment funds EQT and Ardian did not meet Acciona’s expectations.
The loan gives the subsidiary financial support while the company considers its options.
Acciona expects to complete a sale of assets in South Africa in the final quarter of 2026 and is still working on sales in Mexico and the United States.
It plans significant additional asset sales in 2027, after acknowledging it will miss its €2 billion target for disposals this year.
Acciona has lent €500 million to its renewable energy subsidiary, Acciona Energía, as it considers selling all or part of the business.
The perpetual subordinated loan is intended to strengthen the subsidiary’s balance sheet and credit ratios.
The loan carries a fixed annual interest rate of 7.7% for its first five years.
Acciona has asked Citi and Goldman Sachs to assess the market for a possible sale after offers from EQT and Ardian fell short of its expectations.
The company expects to prepare a significant additional package of asset sales for 2027.
- Who
- Acciona lent the money to its subsidiary, Acciona Energía.
- What
- Acciona provided a €500 million perpetual subordinated loan while weighing a full or partial sale of the subsidiary.
- When
- Acciona disclosed the loan on November 12, 2026.
- Where
- Not stated.
- Why
- Acciona said the loan would strengthen Acciona Energía’s balance sheet and credit ratios.
This story does not have two clearly opposing sides.
Acciona disclosed the €500 million loan to Acciona Energía.
Acciona expects to complete the sale of assets in South Africa.
Acciona expects to prepare a significant additional package of asset sales.
- Loan amount
- €500 million
- Interest rate
- 7.7% annually for the first five years
- Loan type
- Perpetual subordinated loan
- Sale advisers
- Citi and Goldman Sachs
- Potential buyers whose offers fell short
- EQT and Ardian
- Expected additional divestitures
- Significant package planned for 2027
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What people are saying
Acciona Energía remains committed to reducing financial leverage and protecting its current credit ratings
represents a more immediate, faster and simpler option than other available alternatives, such as a capital increase in the company with recognition of shareholders’ pre-emptive rights