Acciona, S.A. () is a Spanish multinational conglomerate dedicated to the development and management of infrastructure (construction, water, industrial and services) and renewable energy. The company, via subsidiary

Acciona Energy Acciona, S.A. () is a Spanish multinational conglomerate dedicated to the development and management of infrastructure (construction, water, industrial and services) and renewable energy. The company, via subsidiary Acciona Energy, produces 21 te ...

, produces 21 terawatt-hours of renewable electricity a year. The company was founded in 1997 through the merger of ''Entrecanales y Tavora'' and ''Cubiertas y MZOV''. The company's headquarters is in

Alcobendas Alcobendas () is a municipality of Spain located in the Community of Madrid. It forms an urban continuum with the neighbouring municipality of San Sebastián de los Reyes. The affluent residential area of La Moraleja lies within the municipal lim ...

Community of Madrid The Community of Madrid (; es, Comunidad de Madrid ) is one of the seventeen autonomous communities of Spain. It is located in the centre of the Iberian Peninsula, and of the Central Plateau (''Meseta Central''). Its capital and largest munic ...

, Spain. The company's U.S. operations are headquartered in Chicago, Illinois. The Company employs 30,000 professionals, and it is to be found in 30 countries on five continents. The company is

IBEX 35 The IBEX 35 (IBerian IndEX) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Espa ...

-listed and an industry benchmark.

History

The company can trace its origins back to ''MZOV'', a firm founded in 1862. In 1978 ''MZOV'' merged with ''Cubiertas y Tejados'', a business founded in 1916, to form ''Cubiertas y MZOV''. In 1997 the company merged with ''Entrecanales y Tavora'', a firm founded in 1931, to form ''NECSO Entrecanales Cubiertas S.A.''. It was subsequently renamed ''Acciona''.

Operations

The group is organised as follows: * Infrastructure * Energy - through

* Water * Other Businesses

Sustainability indexes

Acciona obtained the distinctive RobecoSAM Silver Class 2015 in the Electric Utilities sector under the Sustainability Yearbook 2015 for its best practices in sustainability. It has also been included in the CDP Climate Leadership Index 2014 Performance index, which lists the 187 world companies that have received the highest rating for its performance in the fight against climate change.

Major projects

Major projects involving the company include the Torre Europa completed in 1985, the

Ting Kau Bridge Ting Kau Bridge is a long cable-stayed bridge in Hong Kong that spans from the northwest of Tsing Yi Island and Tuen Mun Road. It is near the Tsing Ma Bridge which also serves as a major connector between the Hong Kong International Airport ...

in Hong Kong completed in 1998, the

Gare do Oriente Gare do Oriente (), or alternately, the ''Lisbon Oriente Station'' is one of the main Portuguese intermodal transport hubs, and is situated in the civil parish of Parque das Nações, municipality of Lisbon. History In 1994, the station was pr ...

in Lisbon completed in 1998,

El Museu de les Ciències Príncipe Felipe EL, El or el may refer to: Religion * El (deity), a Semitic word for "God" People * EL (rapper) (born 1983), stage name of Elorm Adablah, a Ghanaian rapper and sound engineer * El DeBarge, music artist * El Franco Lee (1949–2016), American po ...

completed in 2000, the

German Chancellery The German Chancellery (german: Bundeskanzleramt, , more faithfully translated as ''Federal Chancellery'' or ''Office of the Federal Chancellor'') is an agency serving the executive office of the chancellor of Germany, the head of the federal go ...

completed in 2001, the

King Abdullah University Hospital King Abdullah University Hospital ( ar, مُستشفى الملك المؤسس عبد الله الجامعي), often abbreviated KAUH, is a teaching hospital in Ar Ramtha, Jordan. It is the largest medical structure in the north of the country, ...

completed in 2002, the

Alqueva Dam The Alqueva Dam is an arch dam and the centrepiece of the Alqueva Multipurpose Project. It impounds the River Guadiana, on the border of Beja and Évora Districts in south of Portugal. The dam takes its name from the town of Alqueva to its right ...

completed in 2002, and the El Palau de les Arts Reina Sofía completed in 2005. As part of a

Public Private Partnership In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkei ...

with the

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State Government, Acciona was responsible for delivering the infrastructure for the Sydney

CBD and South East Light Rail The CBD and South East Light Rail is a light rail line in Sydney, New South Wales, Australia. Construction commenced in October 2015, with services between Circular Quay and Randwick commencing on 14 December 2019 as the L2 Randwick Line, and ...

project which was completed in April 2020. Acciona is suing the government seeking $1.1 billion in additional funding, claiming the government minimized the amount of subterranean utility works that would be required. Another Public Private Partnership has been signed with the

São Paulo São Paulo (, ; Portuguese for ' Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the Ga ...

State Government under which Acciona will undertake the construction works for and operate Line 6-Orange of

São Paulo Metro The São Paulo Metro ( pt, Metrô de São Paulo, ), commonly called the ''Metrô'' () is one of the urban railways that serves the city of São Paulo, alongside the São Paulo Metropolitan Trains Company (CPTM), forming the largest metropolit ...

which is due to be completed in 2024. In January 2018 Acciona signed a EUR 100 million loan with the European Investment Bank. The

European Fund for Strategic Investments The InvestEU Programme, until 2021 known as the European Fund for Strategic Investments (EFSI), also called the Juncker Plan, is an initiative of EIB Group and the European Commission aimed at boosting the economy through mobilising private financi ...

is a European Union initiative designed to provide financial support for innovative companies. EFSI works with companies which are considered risky because their untested technologies or have products with a limited track record. Acciona will use the loan to expand its research in renewable energy, infrastructure, water and digitalisation to increase efficiency in the construction and operation of its electricity-generation plants. It will also develop sustainable biological water treatment and purification processes and develop ways to recycle waste and in building environmentally friendly infrastructure. The company is testing prefabricated components which are lighter and less expensive to transport whilst maintaining high strength. Acciona built the first lighthouse in the world constructed of prefabricated products, in Valencia, Spain. In August 2022 the company won a contract worth about 485 million euros to develop five new stations for a train line in Perth, Australia.

References

External links

* {{Authority control Conglomerate companies of Spain Construction and civil engineering companies of Spain Energy companies of Spain Renewable energy companies of Spain Transport companies of Spain Multinational companies headquartered in Spain Companies based in the Community of Madrid Companies listed on the Madrid Stock Exchange IBEX 35 Spanish companies established in 1997 Construction and civil engineering companies established in 1997