Enel to acquire Corporación Acciona Hidráulica from Acciona for €1bn.

Enel, a multinational power company, agreed to acquire Corporación Acciona Hidráulica, a holding company of a portfolio of hydro plants for a total installed capacity of 626 MW, from Acciona, a multinational conglomerate dedicated to the development and management of infrastructure and renewable energy, for €1bn. "The agreement will enable the consolidation of the Enel Group’s leading role in renewables at the global level, further growing the share of its sale portfolio covered by own renewable production in Spain with the aim of maximizing returns generated by its integrated presence along the entire value chain," Enel.