Acciona Energía has agreed with Mexico Infrastructure (MIP) to sell 49% of its 1,300 MW photovoltaic portfolio in the United States and the entirety of two wind farms in Mexico, with 321 MW in total.
The value of the transaction is 1,000 million dollars (around 855 million euros), including debt.
This is one of the largest 100% renewable energy operations in its asset rotation program aimed at rebalancing debt.
Mexico Infrastructure (MIP) works closely with the Mexican Government through the state-owned company Fonadin. It is known in Spain for the purchase, two years ago, of Iberdrola assets in Mexico valued at more than 5,400 million euros.
The US solar portfolio includes four plants: Red Tailed Hawk (458 MW) and Fort Bend Solar (316 MW), both in Texas; High Point Solar Farm (127 MW) in Illinois; and Union Solar (415 MW) in Ohio. Acciona Energía, a company that also operates in Portugal and has a significant presence in the national market, both in the generation and sale of 100% renewable energy, it will maintain 51% of the assets and will continue to be responsible for operation and maintenance.
The two Mexican wind farms — El Cortijo (183 MW) and Santa Cruz (138 MW) — are in the municipality of Reynosa, Tamaulipas.
The closing of the transaction is scheduled for the first half of 2026, depending on the usual regulatory approvals, compliance with other transaction conditions and financing by the buyer.
Acciona states that the agreement constitutes “a new advance in the strategy of selective asset rotation, aimed at maximizing the value of projects and optimizing capital allocation, while strengthening the company’s financial position.”
Since July 2024, the company, which has operations in 25 countries on five continents, has already celebrated sales totaling almost 1,700 MW of renewable capacity in Spain, South Africa, Peru and Costa Rica, for approximately 2,400 million euros.