ACCIONA Energía acquires French company Eqinov to consolidate its leadership in energy services

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ACCIONA Energía acquires French company Eqinov to consolidate its leadership in energy services

1 de February de 2022

ACCIONA Energía has acquired an 85% stake in French company Eqinov, which specializes in corporate energy efficiency and energy management services.

Eqinov’s founders, Sylvain Lagarde and Natacha Hakwik, will maintain 15% of the group’s capital and will continue to oversee the company’s management, supporting its growth with the support of ACCIONA Energía.

Headquartered in Paris, Eqinov reported a €72 million turnover in 2020 and works with a portfolio of more than 2,400 clients. The company has a team of 65 professionals based in Paris, Bordeaux, Lyon, Marseille and Nantes.

Eqinov has experienced solid and steady growth thanks to its market reliability, technological capabilities, and integrated services catalog. All these factors place the group in an ideal position within a structurally growing energy efficiency market and to become an energy flexibility and demand aggregation market leader.

Eqinov offers its services across three business lines: financing for energy efficiency projects, as one of the leading operators in the French market for Energy Efficiency Certificates (Certificats d’Economies d’Energie or CEEs); energy consumption flexibility valorization, including the remote control of its customers’ energy consumption and participating in electricity system’s capacity and demand response mechanisms; and energy efficiency consulting services through energy audits, implementation of energy management systems (ISO 50 001) and on design, engineering and implementation of energy optimization projects.

COMPLEMENTARITY AND SYNERGIES

By joining ACCIONA Energía, Eqinov will boost its growth in France, expand its portfolio of renewable energy solutions and rely on ACCIONA Energía’s technical capacity and technological and financial solvency to take on complex and larger projects with a transnational approach.

For ACCIONA Energía, this operation represents the company’s entry into the French market, where it will complement Eqinov’s energy and decarbonization services with its renewable energy solutions and self-consumption and services projects. ACCIONA Energía will also expand its range of energy services offered to its global customer base and in the markets in which the company operates, particularly in Spain.

DATA PROTECTION INFORMATION

In compliance with Regulation (EU) 2016/679 on Data Protection and with other Data Protection regulations in force, you are hereby informed that your personal data shall be processed by Corporación Acciona Energías Renovables, S.A., whose identification data are as follows: Tax ID No. (NIF): A-85483311, Address: Avenida de la Gran Vía de Hortaleza, 1 28033 (Madrid), Tel.+34 91 657 64 61. Your data shall be processed in order to address and manage your queries, requests, claims and suggestions, as well as send information, regarding our products and services through electronic means (all of these, hereinafter the “Request”).

The consent given by the data subject by indicating that they have read and accept this data protection information comprises the lawfulness of processing, and if a contract had been entered into with the interested party, legitimation shall be for the compliance of legal obligations derived from the aforementioned contract and for the enforcement thereof. We will only process the essential data that you provide in your application, such as your identification data (name, surname, language, contact details) and data related to the business area of your interest. The data shall be stored only for the time to attend and answer your Request, and in any case, never for more than twelve months.

In case your Request is related to other ACCIONA solutions or businesses, we may communicate your personal data to another entity of the Group (you can consult a list of ACCIONA Group companies at www.acciona.com/shareholders-investors/financial-information/annual-accounts/), in order to be able to deal with your Request in a more efficient way. We also may give access to your data to service providers (such as technology service providers) who assist us in fulfilling this purpose. Some of its service providers, may be located outside of the European Economic Area in territories that do not offer a level of data protection that is comparable to that of the European Union. In such cases, we transfer User data with appropriate safeguards and always ensuring the security of the same. By accepting the privacy terms, you consent to your data being transferred internationally in order for your Request to be properly processed.

The data subject can exercise their rights of access to or rectification, erasure or portability of their data, and/or the restriction of or objection to the processing of such data, by contacting to Corporación Acciona Energías Renovables, S.L., by writing the Department of Data Protection located at Avenida de la Gran Vía de Hortaleza, 3 28033 (Madrid), or by sending the form available at:

If we consider it necessary in order to be able to identify you, we may ask you for a copy of an identity document. Furthermore, at any time the data subject may withdraw the granted consent by contacting the aforementioned address and file a claim to the Supervisory Authority (Agencia Española de Protección de Datos www.aepd.es).

For any further information you can visit the Privacy Police on the website.