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UPDATE 1-Spain's Acciona shares soar after board announces potential renewable unit IPO


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. ....

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Plug Power, Inc.: ACCIONA and Plug Power to Partner on Establishing Leading Green Hydrogen Platform for Iberia


(3)
The joint venture aims for a 20% market share in Spain and Portugal
Clear path for partnership to build green hydrogen generation platform of more than 100 tons per day within the next several years.
MADRID, Spain and LATHAM, N.Y., Feb. 16, 2021, a global leading supplier of sustainable infrastructure solutions, and
Plug Power In
c. (NASDAQ: PLUG), a global leader in hydrogen fuel cell systems and fueling solutions, announced today the signing of a memorandum of understanding (MOU) to launch a 50-50 joint-venture (JV) headquartered in Madrid. This JV will be a leading green hydrogen platform serving clients in Spain and Portugal, providing cost-efficient and competitive green hydrogen to multiple end markets. ....

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Technavio Research: Thermal Energy Storage Market Research 2020-2024- Featuring Abengoa SA, Acciona SA, Amsted Industries, Among Others to Contribute to the Market Growth


Technavio Research: Thermal Energy Storage Market Research 2020-2024- Featuring Abengoa SA, Acciona SA, Amsted Industries, Among Others to Contribute to the Market Growth
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210118005482/en/
Technavio has announced its latest market research report titled Global Thermal Energy Storage Market 2020-2024 (Graphic: Business Wire)
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The report on the thermal energy storage market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. ....

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