Madrid, March 8, 2022 – FTI Capital Advisors Spain (“FTICA”) acted as sole M&A advisor to ACCIONA Energía in connection with the acquisition of a majority stake in Eqinov, a leading company in energy efficiency based in France.
This transaction represents ACCIONA Energía’s entry into the French market. ACCIONA Energía, listed on the Spanish stock exchange with a market capitalization of approximately €10.0 billion, is the world’s largest developer, owner and operator of renewable energy, with a total installed capacity of 11.2 GW in the world. September 30, 2021, with a presence in 16 countries on five continents.
Based in Paris, Eqinov offers its services in three areas: the financing of energy efficiency projects, as one of the main operators on the French market for Energy Saving Certificates (CEE); the enhancement of the flexibility of energy consumption, including the remote management of the energy consumption of its customers and the participation in the capacity and curtailment mechanisms of electrical systems; and energy efficiency consulting services through energy audits, the implementation of energy management systems (ISO 50001) and on the design, engineering and implementation of energy optimization projects.
For ACCIONA Energía, this transaction will complement Eqinov’s energy and decarbonization services with its renewable energy solutions and self-consumption and service projects. ACCIONA Energía will also expand its range of energy services offered to its global customer base and in the markets in which the company operates, particularly in Spain.
Juan Carlos Raposo, Head of FTICA Spain, said: “We were delighted to advise ACCIONA Energía on this historic transaction and help it enter the French market. This cross-border transaction, along with two of Spain’s largest renewable energy transactions advised by FTICA over the past 12 months, reinforces our M&A team’s leadership in the energy sector in Southern Europe.”
Blanca Perea, head of the FTI Consulting Energy practice in Spain, said: “Energy efficiency and demand side management will play a central role in decarbonizing our economies. Both are becoming the main levers for governments to achieve their greenhouse gas emission reduction targets. greenhouse gas emissions, improve energy security and create high-value local employment opportunities.”
This transaction demonstrates FTI Consulting’s unique service offering, combining investment banking execution capabilities with industry experts, delivering unique advice to clients.
About FTI Capital Advisors
FTI Capital Advisors is a middle-market investment bank specializing in mergers and acquisitions, capital raising, valuation and opinions, and special situations mandates in targeted industry sectors – including significant experience in the energy and renewable energy sector, as well as in the telecommunications, media and entertainment, healthcare, retail and industrial sectors. FTI Capital Advisors Spain leverages both FTICA’s global subsidiaries that offer investment banking services and the power of FTI Consulting’s global network of professionals, which combines deep industry expertise with global experience. investment banking and transaction execution to deliver value-added results to our clients.
About FTI Consulting
FTI Consulting, Inc. is a global business consulting firm dedicated to helping organizations manage change, mitigate risk and resolve conflict: financial, legal, operational, policy and regulatory, reputational and transactional. With more than 6,700 employees in 29 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The company generated $2.78 billion in revenue in fiscal year 2021. In some jurisdictions, FTI Consulting services are provided through separate legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
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