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Spanish pure-play renewable energy developer and operator (wind, solar, hydro), majority owned by Acciona SA.
Spanish pure-play renewable energy developer and operator (wind, solar, hydro), majority owned by Acciona SA.
Earns by selling the electricity from its plants either at wholesale market prices or under long-term power purchase agreements, so earnings blend price exposure with contracted income. It also sells stakes in plants to recycle capital into new capacity. Parent Acciona holds a controlling stake after the 2021 listing.
In one line: A Spanish NextEra Energy Resources.
Moat: narrow (installed base, scale, process know-how). Large global renewable development pipeline and operating track record built inside parent Acciona.
Headquarters: Madrid, Spain · Founded: 2021
Size Corporacion Acciona Energias Renovables (ANE.MC) is a Spain Utilities company (Alternative Power Generation) with a market value of $8.06B, the 23rd largest of 97 Spain companies the cockpit tracks. Shares closed at €22.14 on 6 Nov 2026.
Performance Over six months the shares fell 7.0%, against -11.3% for the median peer and +8.2% for the Spain market (cap-weighted) — 6th highest of 16 in its peer set.
Growth Revenue fell 13.8% over the last twelve months (peer median +9.7%); the operating margin is 17.8% (peer median 27.2%).
Valuation It trades at 21.1× forward earnings against a peer median of 22.9× (8th cheapest of 15).
Capital Return on invested capital runs 3.2 points below its cost of capital (6.4% WACC).
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €2.74B | €2.92B | €3.05B | €3.55B | €4.35B |
| Revenue growth | — | -4% | -14% | -18% | — |
| Gross profit | -€113M | €918M | €1.12B | €1.35B | €1.77B |
| EBITDA | €1.04B | €1.51B | €1.10B | €1.20B | €1.54B |
| Net income | €182M | €655M | €357M | €524M | €759M |
| Free cash flow | -€260M | -€596M | -€949M | -€1.54B | €212M |
| Capital expenditure | €687M | €979M | €1.63B | €1.91B | €1.12B |
| Total debt | n/a | €4.71B | €4.72B | €4.62B | €2.83B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Corporacion Acciona Energias Renovables ANE.MC | $8.06B | -7% | -14% | 18% | 21.1× | n/a |
| Iberdrola IBE.MC | $168B | +16% | +1% | 21% | 21.9× | 11.4% |
| NextEra Energy NEE | $182B | -6% | +13% | 30% | 21.0× | 18.8% |
| Orsted ORSTED.CO | $29.5B | -8% | +15% | 2% | 20.4× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ANE.MC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.3% | +1.1% | 6th highest of 17 |
| 6-month return | -7.0% | -11.3% | 6th highest of 16 |
| Distance from 52-week high | -10.9% | -25.7% | 3rd highest of 17 |
| Revenue growth (TTM) | -13.8% | +9.7% | 2nd lowest of 17 |
| Operating margin | 17.8% | 27.2% | 5th lowest of 17 |
| Forward P/E | 21.1× | 22.9× | 8th cheapest of 15 |
| ROIC minus cost of capital | -3.2 pp | -1.5 pp | 6th lowest of 17 |
| EV / EBITDA | 11.6× | 16.1× | 5th cheapest of 10 |
| Net debt / EBITDA | 4.3× | 7.7× | 2nd least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Corporacion Acciona Energias Renovables ANE.MC | Spain | $8.06B | -7% | -14% | 18% | 21.1× | n/a | n/a |
| NTPC Green Energy NTPCGREEN.NS | India | $7.37B | -24% | +49% | 50% | 59.8× | n/a | n/a |
| Clearway Energy CWEN | United States | $7.00B | -11% | +8% | 13% | 56.4× | 33.1% | +2.4% |
| Enlight Renewable Energy ENLT | United States | $9.57B | -25% | +29% | 51% | n/a | n/a | n/a |
| China Longyuan Power 0916.HK | Hong Kong | $13.8B | -17% | -6% | 27% | 11.5× | 0.6% | +0.2% |
| Hubei Energy 000883.SZ | China | $4.58B | -11% | -5% | 15% | 17.6× | -0.4% | +0.6% |
| Fujian Funeng 600483.SS | China | $4.53B | +9% | -1% | 22% | 10.7× | -4.9% | +7.5% |
| China Three Gorges Renewables (Group) 600905.SS | China | $14.7B | -16% | -8% | 17% | 39.8× | n/a | n/a |
| Talen Energy TLN | United States | $14.7B | -12% | +20% | 20% | 13.0× | 21.1% | -10.0% |
| ERG ERG.MI | Italy | $3.77B | -3% | +5% | 28% | 19.4× | 10.0% | -2.8% |
| Fervo Energy FRVO | United States | $2.66B | n/a | -31% | -35,367% | n/a | n/a | n/a |
| Huadian New Energy 600930.SS | China | $24.5B | -35% | +32% | 27% | 27.1× | n/a | n/a |
| CECEP Solar Energy 000591.SZ | China | $2.65B | -9% | -13% | 28% | 17.4× | 0.4% | -1.5% |
| Adani Green Energy ADANIGREEN.NS | India | $24.7B | +4% | +21% | 61% | 87.9× | n/a | n/a |
| Brookfield Infrastructure Partners L.P BIP | United States | $25.6B | +7% | +16% | 25% | 71.0× | n/a | n/a |
| ReNew Energy Global RNW | United States | $2.53B | +23% | +11% | 42% | 26.4× | n/a | n/a |
| Solaria Energia y Medio Ambiente SLR.MC | Spain | $2.40B | -33% | +26% | 92% | 11.2× | n/a | n/a |