Galp acquires 361 MW operational onshore wind portfolio in Spain from Acciona Energía for €420 million

Type: Acquisition · Technology: Onshore Wind · Country: Spain · Capacity: 361 MW · Value: EUR 420M · Announced: 2026-07-27

Galp has acquired a 361 MW operational onshore wind portfolio in Spain from Acciona Energía for an enterprise value of €420 million. The portfolio consists of 15 wind farms located across Spain, with an average commercial operation start date of 2005, generating approximately 0.8 TWh annually under merchant market conditions. This acquisition increases Galp's installed renewable energy capacity to 2.7 GW, with wind power representing about 30% of its portfolio. The transaction aligns with Galp's capital optimization initiatives and strengthens its position for strategic partnership opportunities in the Iberian power market.

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