Corp Acciona Energias Renova, ES0105563003

Acciona Energia stock faces smaller base after 2025 profit rise

Published on 11/13/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Acciona Energia stock reflects stronger audited earnings after major asset disposals. Lower net revenue and installed power point to a smaller operating base.

What the 2025 accounts show

Acciona Energia increased operating profit and parent-company earnings despite lower net revenue.
Hydroelectric, Spanish wind and Peruvian disposals reduced the operating base and materially shaped the earnings mix.
Lower operating cash flow leaves recurring generation and future portfolio investment central for shareholders.

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

Acciona Energia stock traded at 20.66 euros on Lang & Schwarz at 10:30 CET on Friday, November 13, 2026.

Profit rose as revenue declined

Acciona Energia's audited consolidated annual accounts for the year ended December 31, 2025, show a stronger headline result alongside a smaller operating portfolio. The accounts were prepared by the board on February 26, 2026, and KPMG issued an unmodified audit opinion, according to Acciona Energia's 2025 consolidated annual accounts.

Net revenue fell to 2.925 billion euros from 3.048 billion euros in 2024. Other revenue increased to 1.186 billion euros from 855 million euros, while operating profit rose to 952 million euros from 699 million euros.

Profit attributable to the parent company reached 655 million euros, compared with 357 million euros a year earlier. Basic and diluted earnings per share both increased to 2.00 euros from 1.10 euros. Profit from continuing operations rose to 692 million euros from 387 million euros.

Asset sales reshaped the portfolio

The earnings mix was materially affected by disposals completed during 2025. In February, the group completed the sale of its hydroelectric business to Endesa for 964 million euros and recognised a gain of 491 million euros.

In December, Acciona Energia completed the sale of a Spanish wind portfolio with 440 megawatts of capacity for 531 million euros, recording a gain of 203 million euros. The group also completed the sale of the San Juan de Marcona wind farm in Peru, which has 136 megawatts of installed capacity, for 218 million euros.

The annual accounts show total installed power of 12,882 megawatts at December 31, 2025, down from 13,630 megawatts one year earlier. Property, plant and equipment declined to 10.323 billion euros from 11.341 billion euros. The smaller base means that generation from retained assets, new project additions and future portfolio decisions will carry greater weight in assessing recurring earnings.

Cash flow adds a second signal

Cash flow from operations fell to 383 million euros from 681 million euros in 2024. Investing cash flow turned positive at 412 million euros, compared with an outflow of 1.451 billion euros a year earlier, as disposal proceeds supported investment activity.

Cash and cash equivalents ended the year at 426 million euros, down from 495 million euros. The contrast between higher reported profit and weaker operating cash generation is relevant for investors because the disposal gains do not represent recurring power-generation income.

The CNMV register lists the company's presentation of the results report for the year ended December 31, 2025, on February 26, 2026. The next investment focus is the conversion of disposal proceeds into new capacity while maintaining cash generation from the remaining portfolio.