Acciona reported FY 2025 revenues of EUR 20.2 billion (+5.5%), EBITDA of EUR 3.2 billion (+30.8%), profit before tax of EUR 1.4 billion (+82.0%) and attributable net profit of EUR 803 million (+90.4%). Net financial debt (including IFRS 16) was EUR 7.0 billion at 31-Dec-2025 (-2.0%), with net financial debt/EBITDA at 2.18x. By division, Energy revenue was EUR 2.9 billion (-4.1%) and EBITDA was EUR 1.5 billion (+37.7%), including EUR 614 million of EBITDA from asset rotation; installed capacity was 14,604 MW at 31-Dec-2025 (-4.9%). Infrastructure revenue was EUR 8.7 billion (+6.7%) and EBITDA was EUR 801 million (+5.1%); global infrastructure backlog was EUR 30.4 billion at 31-Dec-2025 (+6.3%) and aggregate infrastructure backlog was EUR 120.6 billion (up 2.2x). Nordex revenue was EUR 7.6 billion (+3.5%) and its EBITDA contribution was EUR 749 million (+59.4%); backlog was EUR 16.1 billion at 31-Dec-2025 (+25.9%), with turbine order intake of EUR 9.3 billion (+24.9%). Acciona highlighted EUR 1,065 million of energy divestments completed in FY 2025 and two additional transactions agreed for around EUR 900 million expected to close in H1 2026. The group also pointed to major concession milestones, including signing the SR-400 Managed Lanes project in the US and the Central West Orana Transmission Line in Australia, and the pre-award of the Pernambuco water distribution and sewerage concession in Brazil (associated investment for 100% of these projects of around EUR 17.9 billion). Ordinary capex was EUR 2.3 billion in FY 2025 (-19.0%).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acciona SA published the original content used to generate this news brief on February 26, 2026, and is solely responsible for the information contained therein.