Acciona (ANA) Company presentation summary

Strategic positioning and business model

• Focuses on sustainable infrastructure and renewable energy, with activities spanning energy, infrastructure, wind turbine manufacturing, and other services.

• Operates globally with 72% of revenues from international markets and a workforce of nearly 58,000 in 40 countries.

• Maintains a robust balance sheet with a net debt/EBITDA ratio of 3.31x and a market capitalization of approximately €6.8bn.

• Over 25 years of sustainable solutions, including 13.5 GW renewable energy installed capacity and significant infrastructure achievements.

Financial performance and investment

• 2023 revenues reached €17,021m (+52% YoY), EBITDA was €1,981m (-4% YoY), and net profit was €541m (+23% YoY).

• Net investment cashflow totaled €3,327m, with a focus on energy and infrastructure expansion.

• Infrastructure backlog hit a record €24.5bn, with 80% international exposure.

• Net financial debt stood at €6,551m, with an average cost of debt at 2.54%.

Energy division highlights

• 13.5 GW installed renewable capacity, 24.9 TWh production, and 78% contracted output with a 6-year average residual contracted life.

• 2023 EBITDA for energy was €1,285m, with a strong international presence and diversified technology mix.

• Record 1.7 GW capacity added in 2023, with a 40 GW pipeline and focus on North America, Australia, and Europe for growth.

• Asset rotation strategy targets €200-300m annual capital gains.