ACCIONA S.A. has sold a 15% stake in ACCIONA Termosolar S.L. to Mitsubishi Corporation. ACCIONA Termosolar S.L., a holding company of ACCIONA Energy, owns three CSP plants already in commercial operation and a fourth currently under construction. All four CSP plants are located in Spain and each has a generating capacity of 50 MW, combined to total 200 MW. The operating plants are Alvarado I and Majadas, both in Extremadura; and Palma de Rio II in Andalucía. Under construction is Palma de Rio I, also in Andalucía. In addition, the transaction includes a €300 million loan to ACCIONA Termosolar S.L. This significant transaction further enhances the two companies' already well established strategic alliance.
The Prince of Wales's EU Corporate Leaders Group on Climate Change (EUCLG) is hosting a meeting with the President of the European Union (EU), Jose Manuel Barroso, in Brussels , with the participation of ACCIONA, which will also include representatives of the Institutional Investors Group on Climate Change (IIGCC) and the P8 Group to discuss initiatives and policy measures which will enable the EU to retain its leading role in the development of a global low carbon economy.
ACCIONA is the number two company of choice (the number one Spanish company) for Spanish engineering students and for the second year in a row, according to the Graduate Barometer 2010 Engineering Edition. The Company has also improved by 2.2 percentage points from last year, closing in on Barometer leader, Google, whose lead has narrowed to just 0.3 percentage points.