Corp Acciona Energias Renova, ES0105563003

Acciona Energia stock weighs higher profit against asset sales

Published on 11/10/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Acciona Energia stock faces a mixed earnings picture after asset sales lifted profit while revenue and installed capacity declined. The portfolio is smaller.

Profit Meets Portfolio Rotation

Operating profit rose while net revenue declined in the 2025 financial year.
Hydroelectric, Spanish wind and Peruvian asset sales lifted reported earnings and reduced installed capacity.
Lower operating cash flow increases the importance of recurring generation and disciplined capital allocation.

Corp Acciona Energias Renova, ES0105563003, Illustration mit AI erstellt.

Acciona Energia's audited consolidated annual accounts for the year ended December 31, 2025, show stronger reported earnings after a year of significant portfolio rotation. The accounts were prepared by the board on February 26, 2026, and received an unmodified opinion from KPMG. The figures are set out in the company's 2025 consolidated annual accounts.

Acciona Energia stock traded at 22.58 euros on Lang & Schwarz at 10:47 CET on Tuesday, November 10, 2026.

Higher Profit, Lower Revenue

Net revenue fell to 2.925 billion euros from 3.048 billion euros in 2024. Operating profit nevertheless increased to 952 million euros from 699 million euros, while profit attributable to the parent company rose to 655 million euros from 357 million euros. Basic and diluted earnings per share reached 2.00 euros, compared with 1.10 euros a year earlier.

The income statement also shows a larger contribution from other revenue, which rose to 1.186 billion euros from 855 million euros. The accounts recorded a 4 million euro net loss on disposals of non-current assets within operating profit, but the broader effects of the transactions were reflected in other income and the consolidated result.

Asset Sales Reshape The Base

Acciona Energia completed the sale of its hydroelectric business to Endesa in February 2025 for 964 million euros and recognised a gain of 491 million euros. In December, the group sold a 440-megawatt Spanish wind portfolio for 531 million euros and recorded a gain of 203 million euros.

The group also completed the sale of the 136-megawatt San Juan de Marcona wind farm in Peru for 218 million euros. These transactions changed the earnings mix and reduced the operating platform. Installed power stood at 12,882 megawatts at December 31, 2025, down from 13,630 megawatts a year earlier.

Cash Flow Adds Investor Context

Cash flow from operations declined to 383 million euros from 681 million euros in 2024. At the same time, acquisitions of property, plant and equipment, intangible assets and non-current financial assets amounted to 979 million euros, compared with 1.630 billion euros a year earlier.

The combination of higher accounting profit and a smaller asset base leaves recurring generation, new project additions and the use of disposal proceeds as key issues for investors. Reported earnings benefited from completed transactions, while future performance will depend more heavily on the assets retained by the group and its ability to replace sold capacity.