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UPDATE 2-Acciona aims to list energy unit in first half, eyes M&A later
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Global Solar Energy Market 2021 Industry Analysis, Opportunities, Segmentation & Forecast To 2026
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By Reuters Staff
(Adds detail, spin-off confirmation, 2020 earnings)
MADRID, Feb 18 (Reuters) - Spanish energy and engineering company Acciona is planning to hive off and list its renewable power business on the stock market, the company said on Thursday as it posted an 8% rise in annual profit.
While the scale and structure of the listing have yet to be defined, at least 25% of the new company would be floated and Acciona would remain the majority shareholder.
The listing, which would include the entire energy business apart from a stake in turbine maker Nordex, is likely this year to take advantage of strong demand for clean-energy projects.
Spain s Acciona eyes spin-off and listing of renewable energy unit
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Global Solar Energy Market to Generate $223.3 billion by 2026: AMR Surge in demand for alternate energy sources and supportive government policies for rooftop installations of solar panels drive the growth of the global solar energy market. Asia-Pacific is projected to grow at the largest CAGR of 25.0% during the forecast period. Daily activities of solar energy plants came to halt due to lockdown imposed by governments of many countries. In addition, there has been lack of sufficient manpower.
February 03, 2021 10:27 ET | Source: Allied Market Research Allied Market Research Pune, INDIA
Portland, OR, Feb. 03, 2021 (GLOBE NEWSWIRE) According to the report published by Allied Market Research, the global