Acciona Energía sells 65% stake in Costa Rican wind farm to Ecoenergía for €71.4 million

Type: Sale · Technology: Onshore Wind · Country: Costa Rica · Value: $71.4M · Announced: 2026-03-11

Acciona Energía sold a 65% stake in its 60MW Costa Rican wind farm to Ecoenergía for €71.4 million. This divestment aligns with Acciona's.

Analysis

Ecoenergía's €71.4 million acquisition of a 65% stake in Acciona Energía's 60MW Costa Rican wind farm represents a strategic expansion beyond its core utility-scale solar PV focus. This divestment allows Acciona Energía, a global renewable energy operator, to unlock capital from an operational asset in Costa Rica, supporting its broader capital allocation objectives. The transaction, announced on March 11, 2026, sees the Spanish firm reduce its exposure to the 60MW onshore wind facility while retaining a minority interest. For Bogotá-based Ecoenergía, this move into Costa Rican wind power diversifies its portfolio, which has historically centered on developing, building, and operating over 500 MWp of solar PV projects. The 65% interest provides Ecoenergía with significant operational control and revenue streams from the established 60MW asset. Ecoenergía, a Bogotá-based developer with over 15 years of experience primarily in utility-scale solar PV, significantly diversifies its portfolio by acquiring a 65% stake in a Costa Rican onshore wind farm. This move expands Ecoenergía's technological footprint beyond the 500 MWp of solar PV capacity it has developed and operated, adding a new asset class and geography. Conversely, Acciona Energía, a global operator exclusively focused on renewable energy, is optimizing its asset base by divesting a majority interest in the 60MW Costa Rican wind facility. This allows Acciona Energía to reallocate capital, potentially towards new development opportunities or other strategic regions within its global renewable energy portfolio. The transaction highlights Ecoenergía's expansion into new renewable technologies and geographies, moving beyond its established solar PV expertise.

Key points

Counterparties