M&A Deal Summary

Acciona Acquires Solargenix Energy

On February 2, 2006, Acciona acquired energy services and equipment company Solargenix Energy

Acquisition Highlights
  • This is Acciona’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Acciona’s 1st transaction in the United States.
  • This is Acciona’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2006-02-02
Target Solargenix Energy
Sector Energy Services and Equipment
Buyer(s) Acciona
Deal Type Add-on Acquisition

Target

Solargenix Energy

Sanford, North Carolina, United States
Solargenix Energy LLC is a designer, manufacturer and maintains solar systems capable of producing hot water.

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Buyer(S) 1

Buyer

Acciona

Madrid, Spain

Category Company
Sector Renewable Energy
Employees57,843
Revenue 18.0B EUR (2023)
DESCRIPTION

Acciona is one of the foremost Spanish business corporations, leader in the development and management of infrastructure, renewable energy, water and services. Listed on the selective Ibex-35 stock exchange index, it is a benchmark for the market. The Company was set up over a century ago and is made up of more than 30,000 employees and has a presence in more than 30 countries on five continents. Acciona is based in Madrid, Spain.


DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2006) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-24 Corporacion Eolica CESA SA

Alcobendas, Spain

Corporacion Eolica CESA SA is a developer and manager of wind farms, leader in Spain and with presence in Italy, Greece and Portugal.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-23 Parkia

Spain

Parkia is a private car park operator in Spain and Andorra. The Company operates 30 off-street and one on-street car parks with over 17,000 spaces in mostly prime locations and with exposure to different sectors.

Sell -