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.