Corporacion Acciona Energias Renovables SA

ANE: XMAD (ESP)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
m<LOCK|YJ#LOCK|x$h<MgY

Acciona Energia's Earnings Outlook Is Unappealing

Business Strategy and Outlook

A renewables developer, Acciona Energia, was spun off from the Spanish industrial conglomerate Acciona in July 2021. The floating share is 16%. The rationale of the IPO was to revive capacity growth that had been subdued since a 2013 regulatory change in Spain drove a sharp cut in renewables' returns.

Sponsor Center