2023 Report

Economic results

The Sustainable Development Goals (SDGs) will not be achieved by 2030 without an urgent and significant increase in their financing. According to UN estimates, an annual investment of between 5 and 7 trillion dollars in sustainable projects is required to meet these goals. A target that far exceeds the 3 trillion currently being invested.

Image of avant-garde structure
Image solar panels park

The business approach of ACCIONA is a key element in the sectors in which we operate.

With our Business as Unusual, we position ourselves as the most comprehensive provider of sustainable infrastructure solutions, capable of challenging the way things are done in numerous sectors and thus redefining the future.

€17.021bn

sales

+52% vs. 2022

€1.98bn

consolidated EBITDA

-4% vs. 2022

€541m

attributable net profit

+23% vs. 2022

€3.327bn

net investment cashflow

+1.323bn vs. 2022

ACCIONA in the world

A unique
business model

Renewable energy

13,523 MW

total installed capacity

+14.3% vs. 2022

€1.285bn

consolidated EBITDA

-22.2% vs. 2022

24,894 GMh

total production

+4.1% vs. 2022

13,629 k

tCO2e emissions avoided

+3.3% vs. 2022

€3,547bn

revenues

-18.5% vs. 2022

Infrastructure

€24.894bn

cumulative turnover

+13% vs. 2022

€370m

Construction EBITDA

+63% vs. 2022

€67m

Concessions EBITDA

+80.8% vs. 2022

Water

€1.214bn

cumulative revenues

-4.6% vs. 2022

€95m

EBITDA

+6.7% vs. 2022

1,190 hm3

treated water

+3.56% vs. 2022

Real estate

€193m

revenues

-21.9% vs. 2022

€1.805bn

Gross Asset Value

+17.1% vs. 2022

Financial

€96m

revenues

-4.9% vs. 2022

€5.919bn

funds under management

+15.7% vs. 2022

Corporate and others

€927m

revenues

+11.1% vs. 2022

Strategic advances

Energy

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  • We have +40GW of projects in development in onshore wind, solar photovoltaic, storage, biomass, offshore wind, and pumped hydro.
  • Investment continues in key countries such as India, Croatia, Canada, and South Africa.
  • New geographies like Thailand and the Philippines have great growth potential

Infrastructure

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  • We have a balanced order book by region: 78% in OECD countries and expected potential growth in North America.
  • We have grown by 38% thanks to four major projects, three recently awarded with over €12bn of total associated investment.
  • Construction EBITDA increased by 63% due to international market growth and project progress, and concession EBITDA nearly doubled.
  • We are positioned as a developer of reference for EPC transmission line projects.

Other activities

Image of luxurious house
  • We plan to deliver over 1,000 housing units in both 2024 and 2025. And from 2026, over 1,500.
  • The pre-sale portfolio is 1,393 units as of December 2023, covering almost 90% of planned deliveries for 2024 and +30% for 2025.
  • Bestinver Internacional and Bestinfond appreciated by 25% in 2023.

SUSTAINABILITY REPORT

Discover our results

Read more

Investment in innovation

Sustainable transformational innovation

Innovation at ACCIONA, characterized by being open, disruptive, and digital, extends and is implemented at all Company levels. This comprehensive approach enables the development of the capabilities, products, processes, and services necessary to design a sustainable reality accessible to all, respecting both the environment and communities and influencing every Company project.

Read more about innovation

€287.5m

+9.4% vs. 2022

SUSTAINABLE IMPACT FINANCE

Sustainable financing

In 2016, we issued ACCIONA’s first green bond. Since then, we have sought to create a positive impact on the planet and people by including ESG elements in our financing. In these seven years, we have closed over 70 green or sustainable transactions, including bilateral syndicated loans, private and public bonds, and credit lines.

€9.869bn

invested in green and sustainable financing operations

75

live sustainable

financing instruments

79 %

Gross Corporate Debt

in sustainable financing

Over €2.5bn

issued in Green Up

Attributable impact

Wind and Photovoltaic Energy

2,734 MW

total installed capacity

4,473 ktCO2e

emissions avoided

Attributable impact

Transport and mobility

11,728 M

km in distance

1,185 ktCO2e

emissions avoided

Attributable impact

Water treatment

164,096 m3

treated water

962,000

people benefited

Monetary valuation of impact

We participate in the Impact-Weighted Accounts (IWA) of Harvard Business School, which has developed a methodology that allows the financial, social, and environmental performance to be reflected transparently and usefully for both investors and company managers. It is estimated that the Company’s activity has provided a direct benefit 79 times its net profit.

Through this exercise, it can be seen that the actions generating the most added value are precisely those aligned with our 2025 Sustainability Master Plan.