Economic results
ACCIONA Energía strives to offer more efficient solutions from an economic viewpoint, while generating a positive impact on the environment and the local communities in which we operate.
ACCIONA Energía strives to offer more efficient solutions from an economic viewpoint, while generating a positive impact on the environment and the local communities in which we operate.
We are present in the S&P Global Clean Energy Index, IBEX 35, and DBRS Morningstar and Fitch stock market indexes, reaffirming ACCIONA Energía's credit rating and its solidity and growth capacity.
€3,547 M
revenues
-18.5% vs. 2022
€1,285 M
consolidated EBITDA
-22.2% vs. 2022
€524 M
attributable net profit
-30.9% vs. 2022
1,701 MW
year-on-year growth
€2,321 M
net investment
+1,000 GWh
managed for customers
We have a diversified and future-oriented approach. We have established our capacity for expansion, adapting to business needs while meeting solid profitability standards.
2023 Highlights:
9,038 MW
capacity
total installed
2nd
largest wind operator
in Spain and leader in Latin America
2023 Highlights:
2,951 MW
owned
40
assets
in 9 countries
2023 Highlights:
74
hydroelectric plants
owned
868 MW
total capacity
2023 Highlights:
61 MW
in 3 plants
Spain
64 MW
in Nevada
USA
2023 Highlights:
100%
renewable
the largest supplier of Spain
+23,000
active
contracts
Pioneers in battery storage technologies.
2023 Highlights:
Key energy vector for decarbonization
2023 Highlights:
2023 Highlights:
+6,000
customer
facilities
in 50 countries
+50,000
lighting points
2023 Highlights:
+500
locations
+50,000
registered users
2023 Highlights:
2023 ACTIVITY REPORT
Innovation is a key pillar that allows us to lead the renewable energy and decarbonization sector, while addressing operational, social, and environmental challenges. We turn them into opportunities to generate more efficient and productive operational solutions with a positive impact on each project.
€129.7 M
innovation investment
+25% vs. 2022
In 2023, we made significant progress in our financing strategy. We published and consolidated the Sustainable Impact Financing Framework, covering green financing and sustainability-linked instruments, which introduce an innovative Local Impact Accelerator.
Since 2023, ACCIONA Energía has been part of this index, composed of world leaders in sustainability identified by S&P Global, representing the top 20% of the 600 largest companies in the S&P Global Broad Market Index, according to economic, environmental, and social criteria.
S&P Global has included ACCIONA Energía in the top 5% of its 2023 Sustainability Yearbook, a distinction that places us on the podium with the best utility companies in the world in terms of sustainability.
| FY 2023 (€m) | % Var vs FY 2022 | |
|---|---|---|
| Revenues | 3,547 | -18 % |
| Generation revenues | 1,851 | -17 % |
| EBITDA | 1,285 | -22 % |
| EBT | 776 | -27 % |
| Attributable net profit | 524 | -31 % |
| FY 2023 (€m) | % Var vs FY 2022 | |
|---|---|---|
| Net investment cash flow | 2,321 | 1,279 |
| December 31, 2023 (€m) | December 31, 2022 (€m) | |
|---|---|---|
| Net financial debt | 3,726 | 2,021 |
| Net financial debt/EBITDA | 2.90x | 76.0 % |
| FY 2023 (€m) | % Var vs FY 2022 | |
|---|---|---|
| Total capacity (MW) | 13,523 | 14 % |
| Consolidated capacity (MW) | 12,131 | 23 % |
| Total production (GWh) | 24,894 | 4 % |
| Consolidated production (GWh) | 21,433 | 9 % |
| Supply volumes - Spain and Portugal (GWh) | 10,551 | 15 % |
| Average load factor (%) | 26.5 % | -0.5 pp |
| Production contracted (%) | 73.5 % | -4.9 pp |
| Average residual contracted life (years) (1) | 6 | -0.1 pp |
| Average age of assets - ex-hydro (years) (2) | 11 | -0.1 pp |
| Average price (€/MWh) | 86.4 | -24 % |
| EBITDA generation margin (%) | 70.2 % | -6.0 pp |
| Availability (%) | 95.7 % | +1.5 pp |