SOLUTIONS FOR YOUR COMPANY COMPANIES SOLUTIONS FOR YOUR HOME HOMES
Request information
The cleanest and more competitive energy
RENEWABLE ELECTRICAL SUPPLY SOLUTIONS
WE OPTIMIZE AND DECARBONIZE YOUR ENERGY
SOLUTIONS IN ENERGY SERVICES
EVERYTHING YOU NEED TO CHARGE ELECTRIC VEHICLES
Solutions in electric mobility
Request information
ACCIONA Energía announces its intention to float on the spanish stock exchanges
7 de June de 2021
  • GOALS. The company plans to double its installed capacity to a total of 20GW over five years
  • CORPORATE GOVERNANCE. The Board of Directors will have 64% independent members and 45% women
  • LONG TERM. Rafael Mateo, CEO: “We want to play a central role in the global process towards the energy transition”

The Spanish Securities and Exchange Commission (CNMV) today approved the registration document for the initial public offering (IPO) of ACCIONA Energía, a leading company in the generation of 100% renewable energy, as a preliminary step towards its flotation.

The IPO, aimed at qualified investors, will be carried out through the placement by ACCIONA S.A. of ordinary shares of its subsidiary Corporación ACCIONA Energía Renovables S.A. (ACCIONA Energía). The company, which will be listed under the “ANE” ticker symbol, will apply for admission to negotiation on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges for trading through the Automated Quotation System.

“The announcement of ACCIONA Energía’s IPO is an important milestone in our mission to build a world-leading renewable energy company and to play a central role in the global energy transition,” said Rafael Mateo, CEO of ACCIONA Energía.”We are proud of our role as renewable pioneers and believe that the extensive experience we have gained in more than 30 years of operations, combined with a legacy of 100% clean energy generation, underpins a strong track record of value creation.”

“As an independent company, ACCIONA Energía is committed to the best corporate governance standards and to enhancing our global leadership position in sustainability, one of our key competitive advantages. The global energy transition represents a long-term growth opportunity. This IPO will further strengthen ACCIONA Energía’s strategic position,” he concluded.

A LEADING COMPANY
ACCIONA Energía is one of the world’s leading renewable energy operators. With a total installed capacity of 11GW as of March 31, 2021, it owns and operates renewable assets in a total of 16 countries. More than 90% of its assets are installed in OECD countries.

In addition to its strong geographic diversification, ACCIONA Energía has extensive and proven experience in developing multiple renewable technologies, such as onshore wind, solar photovoltaic, hydroelectric, solar CSP, biomass and storage, among others.

With more than 30 years of experience, ACCIONA Energía has been committed since its inception to 100% renewable energies, having no legacy of fossil fuels, and has played a key role in the creation of energy solutions that, over time, have become the current standard of reference in the sector.

The company fosters a culture of growth and innovation and is continuously working on cutting-edge energy solutions that support the decarbonization of electricity markets. ACCIONA Energía is focused on implementing technological improvements, pioneering new solutions such as hybridization and storage, and offering advanced technologies such as green hydrogen.

ACCIONA Energía plans to reach a total installed capacity of 20GW by the end of 2025. The company has identified 28GW in opportunities beyond 2025 with the goal of reaching an installed capacity of 30GW by 2030.

ACCIONA Energía applies the highest standards of operational excellence throughout the value chain, with the objective of maximizing production and profitability, extending the useful life of its assets beyond industry standards (“assets for life” model).

A large part of the control and maintenance activities are carried out remotely from its own control center, CECOER, one of the largest in the world. Its operational leadership provides high quality to the assets in ACCIONA Energía’s entire portfolio, which translates into better value creation and profitability.

ACCIONA Energía benefits from a wide range of sales mechanisms and energy products that provide great flexibility to adapt to the needs of its customers and maintains optimal and predictable cash flows.

As a key aspect of its growth strategy, the company focuses a large part of its commercial activity on expanding its Business to Business (B2B) customer base, including Amazon, Google, Telefónica and Novartis.

In 2020, ACCIONA Energía was the largest supplier of 100% renewable energy in Spain and one of the top-four developers in the world by volume of private power purchase agreements (PPAs) signed.

ACCIONA Energía is “the greenest electricity generation company in the world”, according to Energy Intelligence’s “New Energy Top 100 Green Utilities” ranking; the company has held the top position in this ranking since 2015. It has also been recognized as the leading company in the utilities sector, according to the analysis conducted for the elaboration of the Dow Jones Sustainability Index (DJSI).

CORPORATE GOVERNANCE
ACCIONA Energía will have an eleven-member Board of Directors designed to comply with the highest corporate governance practices. Independent directors, seven in total, will make up the majority of the Board (64%), which will have only three proprietary members and one executive director. In addition, 45% of its members will be women.

The Board of Directors shall be formed by:


  • José Manuel Entrecanales Domecq: Chairperson (proprietary)

  • Juan Ignacio Entrecanales Franco: director (proprietary)

  • Rafael Mateo Alcalá: CEO (executive)

  • Sonia Dulá: director (proprietary)

  • Juan Luis López Cardenete: director (independent)

  • Karen Christiana Figueres Olsen: director (independent)

  • Alejandro Mariano Werner Wainfeld: director (independent)

  • Inés Elvira Andrade Moreno : director (independent)

  • María Salgado Madriñán: director (independent)

  • Rosauro Varo Rodríguez: director (independent)

  • María Fanjul Suárez: director (independent)


The Board of Directors will have two committees: the Appointments and Remuneration Committee and the Audit and Sustainability Committee. This is a pioneering measure in the corporate world that shows the importance ACCIONA Energía entrusts to the excellent execution of its ESG policies.

ACCIONA Energía and ACCIONA S.A. signed an agreement that will regulate the relationship between the two companies, both listed and independent, in accordance with the best practices of good corporate governance.

DETAILS OF THE OFFERING
The IPO will consist of a secondary offering carried out by ACCIONA S.A., the company’s sole shareholder, as a preliminary step for its admission to trading on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges, through the Continuous Market.

Bestinver, Citigroup Global Markets, Goldman Sachs Bank Europe, JP Morgan Chase and Morgan Stanley Europe are acting as Joint Global Coordinators for the offering.

Banco Santander, BofA Securities, Joh Berenberg Gossler, Crédit Agricole Corporate and Investment Bank, Credit Suisse Securities, HSBC Continental Europe and Société Générale are acting as Joint Bookrunners.

Alantra Capital Markets, Banco Sabadell, ING Bank along with Stifel Europe Bank, Intesa SanPaolo, Mirabaud Securities, Mizuho Securities Europe, Norbolsa and RBC Capital Markets Europe are acting as Co-lead Managers.

STJ Advisors and AZ Capital are acting as independent financial advisors to ACCIONA Energía for the offering.

Uría Menéndez and Davis Polk & Wardwell act as legal advisors to ACCIONA Energía and Linklaters as legal advisor to the banking syndicate.

Following the usual practice in this type of transactions, ACCIONA Energía and ACCIONA S.A. will assume a lock-up period during the 180 days following the day of the IPO of ACCIONA Energía. The lock-up period for directors and members of the Company’s senior management will be 365 days.

ACCIONA S.A., as selling shareholder, intends to grant one of the members of the banking syndicate a green shoe option of up to 15% of the initial size of the IPO.

ACCIONA Energía has obtained today the approval of the CNMV and has published the registration document containing full information about the company. Details of the proposed transaction will be set out in a prospectus to be approved by the CNMV and published prior to the launch of the IPO.

ACCIONA Energía is the largest 100% renewable energy company with no fossil legacy in the world. It has 11GW of renewable energy in 16 countries. With 30 years of experience, ACCIONA Energía offers a complete portfolio of tailor-made energy solutions for its corporate and institutional clients to meet their decarbonization goals. ACCIONA Energía is committed to the highest environmental, social and corporate governance (ESG) standards. ACCIONA S.A., a leading global company in the provision of regenerative solutions for a decarbonized economy, is the reference shareholder of ACCIONA Energía.

YOUR BEST PARTNER

We provide clean energy solutions to corporations, businesses and organizations, designed to reduce their carbon footprint.

Do you want more information?

Fill out the form and our commercial team will contact you as soon as possible.

I have read and accepted the privacy policy

Acciona Energías Renovables

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:

FORM

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.

 

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

Access the Form

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.