Acciona insists there is no decision on selling Acciona Energía

Acciona rules out for now a decision on Acciona Energía and sees selling 100% as very unlikely while studying different alternatives.

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The chairman and CEO of Acciona, José Manuel Entrecanales Domecq, has reiterated that "there is no decision taken" regarding the possible divestment in its subsidiary Acciona Energía.

In a press conference after the general shareholders' meeting held this Thursday in Madrid, the executive stressed that the operation is in a "very early stage".

"There is no decision taken at all, as the process is still in a very early stage," he stated, adding that they have received "expressions of interest from a large number of international and national investors."

In this regard, he explained that potential interested parties are being provided with "public information." "It is still in a very incipient stage and there is absolutely no decision on the matter," he insisted.

Regarding the alternatives being analyzed for the operation, which range from making no changes to selling a minority stake, divesting a majority position, or even a possible merger of Acciona with its subsidiary, Entrecanales pointed out that a sale of 100% of Acciona Energía's capital is "extremely unlikely" to materialize.

On the other hand, when asked about the group's asset rotation policy, the businessman stressed that they "continue with their same strategies."