Acciona Energía admitted to trading on Spanish stock exchanges

Acciona Energía empieza a cotizar en las bolsas españolas

Acciona Energía, a leading global company in the generation of 100% renewable energy, announces today its shares have begun trading on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges under the ticker symbol “ANE”.

The company started trading with an initial market capitalization of €8.8 billion, in an offer that has been 2.4 times oversubscribed, demonstrating the strong demand to invest in a pure-play renewable energy operator with a proven track record.

The successful IPO will advance Acciona Energía’s mission to strengthen its position as a world-leading clean energy major with the capacity to accelerate the global energy transition. With its 30-year history, zero-carbon legacy, proven track record, strong organizational capabilities and global footprint, Acciona Energía is perfectly placed to capitalize on the secular growth opportunities represented by the transition to a global zero-carbon energy system.

The IPO will materially reduce the company’s cost of capital, allowing it to unlock its significant growth potential and deliver attractive returns for the Acciona Energía’s new shareholders through a disciplined selection of projects with the right risk-return profile, backed by a strong business plan.

Following the IPO, the company will be focused on implementing its clear and deliverable plan to generate shareholder value. The company has a firm intention to double its installed generating capacity to 20 GW by 2025 and is positioned to grow in new technologies such as green hydrogen and energy storage. As a standalone publicly listed business, Acciona Energía remains committed to best-in-class sustainable, social and corporate governance practices.