Acciona SA (OTCPK:ACXIF)
$ 118.825 1.525 (1.3%) Market Cap: 6.60 Bil Enterprise Value: 15.43 Bil PE Ratio: 32.15 PB Ratio: 1.30 GF Score: 81/100

Full Year 2023 Acciona SA and Corporacion Acciona Energias Renovables SA Earnings Call Transcript

Mar 01, 2024 / 09:00AM GMT
Release Date Price: $111.9 (+3.23%)
JosÃ;Manuel Entrecanales
Acciona, S.A. - Chairman & CEO

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Good morning. José Manuel Entrecanales, Chairman and Chief Executive Officerat ACCIONA. Welcome to the 2023 results presentation for both ACCIONA and ACCIONA Energía. On my right, the CFSO of ACCIONA group; the head of infrastructure on my very right; CEO of ACCIONA Energía on my left, Rafael Mateo; and the CFSO at ACCIONA Energía.

I will be making a short introduction, and then I will pass on the floor to Rafael first, ACCIONA Energía; then the CFSO of ACCIONA Energía; and then on to the group, with José Díaz-Caneja, Head of infrastructure; and José Ãngel Tejero, CFSO of the group,.

During 2023, which has been the warmest year since records began, we have seen the acceleration of both the effects of climate change and the transition towards a decarbonized economy, with around 145 countries with net zero targets covering close to 90% of global emissions. It's a transformation that is producing what some say is the biggest reallocation of capital in history.

Clean electricity, the main vector

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