Acciona Energia has agreed to sell a 49% stake in a 1,300-megawatt U.S. solar portfolio and its entire holding in two wind farms in Mexico, in a transaction valued at around $1 billion, the Spanish renewable energy company said.
The deal covers a portfolio of photovoltaic assets in the United States, while Acciona will retain a 51% stake. The U.S. projects include the 458 megawatt-peak (MWp) Red Tailed Hawk plant, the 316MWp Fort Bend Solar facility, the 127MWp High Point Solar Farm and the 415MWp Union Solar project, the company said.
Acciona Energia is also selling its full stake in two Mexican wind farms with a combined capacity of 321 MW. These comprise the 183MW El Cortijo and the 138MW Santa Cruz projects located in Reynosa, in the northern state of Tamaulipas.
The buyer is Mexico Infrastructure Partners, and the transaction is expected to close in the first half of 2026, subject to regulatory approvals, the fulfilment of closing conditions and buyer financing, the company said.
Acciona Energia said the agreement forms part of its broader asset rotation strategy aimed at freeing up capital and improving returns. “The agreement advances its selective asset rotation strategy to unlock value and optimise capital allocation,” the company said, noting it has completed asset sales totalling nearly 1.7 gigawatts since July 2024.
The company did not disclose further financial details of the individual assets included in the transaction.
