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Endesa is buying 34 hydroelectric power plants from Acciona Energía for $1 billion.

Summary by d1softballnews.com
Endesa has reached an agreement with Acciona Energía to buy 626 megawatts (MW) of hydroelectric power plants in Spain worth 1 billion euros, the company led by José Manuel Entrecanales said. Endesa is selling 49.99% of its solar business in Spain to Emirati company Masdar for €817 million. Specifically, as a result of this transaction, Acciona Energía sells 100% to Corporación Acciona Hidráulica. The deal is debt-free and will generate an estim…
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