Acciona
{{Short description|Spanish engineering company}}
{{Use dmy dates|date=July 2020}}
{{Infobox company
| name = Acciona, S.A.
| logo = Acciona logo.svg
| image = Alcobendas - La Moraleja, Parque Empresarial La Moraleja, Oficinas de Acciona 2.jpg
| image_caption = Headquarters in Madrid
| type = Sociedad Anónima
| traded_as = {{BMAD|ES0125220311|ANA}}
| ISIN = {{ISIN|sl=n|pl=y|ES0125220311}}
| foundation = 1997
(1931 Entrecanales y Távora)
| location = Alcobendas, Spain
| key_people = José Manuel Entrecanales (chairman and CEO)
| revenue = {{increase}} €8.104 billion (2021){{cite web |title=FY 2021 Results. January-December. |url=https://mediacdn.acciona.com/media/lhce1cc4/acciona-2021-annual-results.pdf |publisher=Acciona |access-date=26 February 2022}}
| operating_income = {{increase}} €829 million (2021)
| net_income = {{decrease}} €332 million (2021)
| assets = {{increase}} €19.603 billion (2021)
| equity = {{increase}} €5.557 billion (2021)
| num_employees = 41,664 (average, 2021)
| industry = Infrastructure (construction, water, industrial and services) and renewable energy
| products = Infrastructure (construction, water, industrial and services) and renewable energy
| subsid = Acciona Energía
| homepage = {{Official URL}}
}}
Acciona, S.A. ({{IPA|es|aɣˈθjona}}) 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 Energía, produces 21 terawatt-hours of renewable electricity a year.{{Cite web|title=Acciona expands its research to stay innovative in sustainable development and renewable energy|url=https://www.eib.org/en/stories/acciona-sustainable-development|access-date=2020-10-13|website=European Investment Bank|language=en}}
The company was founded in 1997 through the merger of Entrecanales y Tavora and Cubiertas y MZOV. The company's headquarters is in Alcobendas, Community of Madrid, 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-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.{{cite web|url=http://www.acciona.com/secciones/0002040308/Es/pres_investors.pdf |title=Acciona Investor presentation|access-date=2 December 2011 |url-status=dead |archive-url=https://web.archive.org/web/20111003154925/http://www.acciona.com/secciones/0002040308/Es/pres_investors.pdf |archive-date=3 October 2011 }} 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.{{cite news|url=https://elpais.com/diario/1997/03/18/economia/858639612_850215.html|title=The shareholders meetings of Entrecanales and Covers approve the merger|date=17 March 1997|newspaper=El Pais|access-date=25 May 2022}}
In September 2020, Acciona purchased Lendlease's Australian engineering business.[https://www.afr.com/companies/infrastructure/acciona-builds-in-oz-with-180m-lendlease-buy-20191219-p53lfx Lendlease stuck with losers after engineering sale to Acciona] Australian Financial Review 19 December 2019[https://www.acciona.com.au/updates/news/acciona-completes-the-acquisition-of-lendlease-engineering-s-ongoing-business/ Acciona completes the acquisition of Lendlease Engineering's ongoing business] Acciona 9 September 2020[https://announcements.asx.com.au/asxpdf/20200909/pdf/44mgk6mcy4k4hj.pdf Lendlease announces completion of Engineering sale] Lendlease 9 September 2020
In July 2022, the company was fined €29.4 million, along with five other contractors, by the Comisión Nacional de los Mercados y la Competencia (CNMC) for bidding collusion in public tenders for building and civil infrastructure works.{{cite news|url=https://www.reuters.com/markets/europe/spains-six-top-builders-fined-restricted-over-bidding-collusion-2022-07-07/|title=Spain's six top builders fined, restricted over bidding collusion|date=7 July 2022|newspaper=Reuters|access-date=15 March 2024}}
Operations
- Infrastructure
- Energy - through Acciona Energy
- Water
- Other Businesses
Sustainability indexes
Acciona obtained the distinctive RobecoSAM Silver Class 2015 in the Electric Utilities sector under the Sustainability Yearbook 2015{{Cite web|url=http://www.sustainability-indices.com/images/RobecoSAM_Sustainability_Yearbook_2014_Low-Res.pdf|archiveurl=https://web.archive.org/web/20150923060014/http://www.sustainability-indices.com/images/RobecoSAM_Sustainability_Yearbook_2014_Low-Res.pdf|url-status=dead|title=Sustainability Yearbook 2015|archivedate=23 September 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.{{Cite web|url=https://www.cdp.net/en/reports/archive|title=CDP|website=www.cdp.net}}
Major projects
File:汀九橋 - panoramio.jpg in Hong Kong]]
Major projects involving the company include the Torre Europa completed in 1985,{{cite web|url=http://en.structurae.de/structures/data/index.cfm?ID=s0004692 |title=Torre Europa on Structurae database |language=de |publisher=En.structurae.de |access-date=2 December 2011}} the Ting Kau Bridge in Hong Kong completed in 1998,{{cite web|url=http://en.structurae.de/structures/data/index.cfm?ID=s0000078 |title=Ting Kau Bridge on Structurae database |language=de |publisher=En.structurae.de |date=18 May 1998 |access-date=2 December 2011}} the Gare do Oriente in Lisbon completed in 1998,{{Cite web|url=https://www.acciona.com/es/|archiveurl=https://web.archive.org/web/20080202130141/http://www.acciona-infraestructuras.es/default.asp?x=000202020203&z=000123&item=4033&pag=&idArea=&idTipoActividad=&idTipoSector=|url-status=dead|title=ACCIONA | BUSINESS AS UNUSUAL|archivedate=2 February 2008|website=www.acciona.com}} El Museu de les Ciències Príncipe Felipe completed in 2000,{{cite web|url=http://en.structurae.de/structures/data/index.cfm?ID=s0002426 |title=El Museu de les Ciències Príncipe Felipe on Structurae database |language=de |publisher=En.structurae.de |access-date=2 December 2011}} the German Chancellery completed in 2001,{{cite web|url=http://en.structurae.de/structures/data/index.cfm?id=s0009149 |title=German Chancellery on Structurae database |language=de |publisher=En.structurae.de |access-date=2 December 2011}} the King Abdullah University Hospital completed in 2002,{{Cite web|url=https://www.acciona.com/es/|archiveurl=https://web.archive.org/web/20080202130145/http://www.acciona-infraestructuras.es/default.asp?x=000202020208&z=000123&item=4031&pag=&idArea=&idTipoActividad=&idTipoSector=|url-status=dead|title=ACCIONA | BUSINESS AS UNUSUAL|archivedate=2 February 2008|website=www.acciona.com}} the Alqueva Dam completed in 2002,{{cite web|url=http://en.structurae.de/structures/data/index.cfm?ID=s0024209 |title=Alqueva dam on Structurae database |language=de |publisher=En.structurae.de |access-date=2 December 2011}} and the El Palau de les Arts Reina Sofía completed in 2005.{{cite web|url=http://en.structurae.de/structures/data/index.cfm?ID=s0002428 |title=Palau de les Arts Reina Sofía on Structurae database |language=de |publisher=En.structurae.de |date=27 November 2008 |access-date=2 December 2011}}
As part of a Public Private Partnership with the New South Wales State Government, Acciona was responsible for delivering the infrastructure for the Sydney CBD and South East Light Rail project which was completed in April 2020.[https://transportnsw.info/news/2020/sydneys-new-light-rail-now-open-from-circular-quay-to-kingsford Sydney’s new light rail is now open from Circular Quay to Kingsford] Transport for NSW 3 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.{{cite web|first1=Nour|last1=Haydar |first2= Brooke|last2= Wylie|year=2018|url=http://www.abc.net.au/news/2018-04-13/sydney-light-rail-contractor-says-it-was-misled-by-government/9652652 |title=Sydney light rail sub-contractor Acciona seeking $1.1 billion after claiming it was misled|publisher= ABC News|access-date=16 April 2018}}
Another Public Private Partnership has been signed with the São Paulo State Government under which Acciona undertook the construction works for and operate São Paulo Metro Line 6-Orange which is due to be partially opened in 2026.{{cite web|url=https://www1.folha.uol.com.br/colunas/painelsa/2020/07/espanhois-assinam-contrato-para-retomar-obra-da-linha-6-do-metro-de-sp.shtml|title=Espanhóis assinam contrato para retomar obra da linha 6 do metrô de SP|publisher=Folha de S. Paulo|language=pt|first=Joana|last=Cunha|date=4 July 2020|access-date=6 July 2020|url-access=subscription}}{{cite web|url=https://www.metrocptm.com.br/linha-6-laranja-sera-aberta-parcialmente-em-2026-diz-governo/|title=Linha 6-Laranja será aberta parcialmente em 2026|website=Metrô CPTM|language=pt-br|first=Ricardo|last=Meier|date=1 June 2023|accessdate=10 January 2024}}
In January 2018 Acciona signed a 100 million euros loan with the European Investment Bank.{{Cite web|title=Investment Plan for Europe: EIB grants EUR 100 million loan to Acciona to boost its innovation and digitalisation strategy|url=https://ec.europa.eu/commission/news/investment-plan-europe-eib-grants-eur-100-million-loan-acciona-boost-its-innovation-and-digitalisation-strategy-2018-jan-19_en|access-date=2020-10-13|website=European Commission - European Commission|language=en}} The European Fund for Strategic Investments 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 for the Victoria Park-Canning Level Crossing Removal Project to upgrade the Armadale line in Perth, Western Australia. This involved eliminating six level crossings along the train line and rebuilding five stations.{{Cite journal |date=30 August 2022 |title=Acciona, Part Of Winning Consortium For €485 Mn Contract In Australia |url=https://thecorner.eu/companies/acciona-part-of-winning-consortium-for-e485-mn-contract-in-australia/102695/ |journal=the Corner}}
Motorsport
In November 2020, it was announced that multiple-time World Rally Championship and Dakar Rally champion Carlos Sainz Sr. would team up with QEV Technologies to form Acciona | Sainz XE Team to join the all-electric SUV off-road racing series Extreme E in the inaugural season with Sainz alongside multiple-time Women's Trial World Champion and Women's Trial European Champion Laia Sanz as the drivers line-up.{{Cite web |title=Acciona, Carlos Sainz and QEV Technologies team up to compete in Extreme E |url=https://www.extreme-e.com/en/news/157_ACCIONA-Carlos-Sainz-and-QEV-Technologies-team-up-to-compete-in-Extreme-E.html |access-date=2023-09-16 |website=Extreme E - The Electric Odyssey |language=en}} The team finished in sixth and third in the teams' championship in the 2021 and 2022 seasons respectively. In the 2023 season, the team won their first race in Extreme E in Round 2 at the Desert X-Prix.{{Cite web |date=2023-03-13 |title=Carlos Sainz's team claim long-awaited victory at Desert X Prix Round 2 in NEOM |url=https://arab.news/9rez7 |access-date=2023-09-16 |website=Arab News |language=en}}
References
{{Reflist}}
External links
- {{commonscat-inline}}
- {{Official website}}
{{IBEX 35 companies}}
{{Rail transport in Spain|state=collapsed}}
{{Authority control}}
Category:Conglomerate companies of Spain
Category:Construction and civil engineering companies of Spain
Category:Energy companies of Spain
Category:Renewable energy companies of Spain
Category:Transport companies of Spain
Category:Multinational companies headquartered in Spain
Category:Companies based in the Community of Madrid
Category:Companies listed on the Madrid Stock Exchange
Category:Spanish companies established in 1997
Category:Construction and civil engineering companies established in 1997