The transaction comprises 34 hydroelectric power plants with an annual production of around 1.3 TWh.
ACCIONA Energía announced today the closing of the sale of 626MW hydro assets to Endesa, after receiving the relevant authorizations.
ACCIONA Energía has received approximately €1 billion for the transaction. The 626MW transaction corresponds to 34 hydroelectric plants located in the Spanish regions of Aragón, Navarra, Soria and Valencia. These plants operate under long-term concession agreements, with an average remaining duration of approximately 30 years. The assets include reservoir (56% of capacity), run-of-river (30% of capacity), and pumped-storage (14%) hydroelectric plants, with a total annual production of around 1.3 TWh.
This transaction is part of ACCIONA Energía's asset rotation strategy, and highlights the value and strength of its assets in the market.