ACCIONA Energía to sell 64 MW hydro portfolio to White Summit Capital
Published by Jessica Casey,
Editor
Energy Global,
ACCIONA Energía has reached an agreement for the sale of a 64 MW hydro portfolio in northern Spain to White Summit Capital, an infrastructure manager specialising in the energy transition. The transaction is valued at €66 million and is debt-free.
The portfolio comprises 17 small hydroelectric plants in Navarra and one in La Rioja with capacities ranging from 1 MW – 6.2 MW and long-term concession agreements. The transaction is expected to close in the coming weeks, generating an estimated capital gain of €55 million.
The sale represents a further step forward in ACCIONA Energía’s selective asset rotation strategy, aimed at maximising the value of its projects and optimising capital allocation, while strengthening the company’s financial position.
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Read the article online at: https://www.energyglobal.com/other-renewables/05062026/acciona-energa-to-sell-64-mw-hydro-portfolio-to-white-summit-capital/