Climate Changed

Spanish Renewables Giant Looks to Expand Anywhere But Home

  • Acciona Energy is still ‘too concentrated’ in Spain: CEO Mateo
  • Company installing wind, solar power from Texas to Australia

Photovoltaic panels stand near electricity pylons in the Sishen solar park, operated by Acciona SA, in Kathu, Northern Cape, South Africa, on Tuesday, June 2, 2015. 

Photographer: Waldo Swiegers/Bloomberg

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Renewables giant Acciona SA is looking to grow its business all over the planet -- just not at home.

“We are too concentrated in Spain,” Rafael Mateo, chief executive officer of the company’s Acciona Energy unit, said in an interview Monday on the sidelines of the Bloomberg New Energy Finance Future of Energy Summit.