2005 - 2006 - Pinsent Masons Water Yearbook 2012

SPAIN PART 3 (ii): COMPANY ANALYSIS: LOCAL/REGIONAL PLAYERS
Spain
Acciona
Acciona is an infrastructure and services company based in Spain. Its chief activities are the
development and management of infrastructure concessions and renewable energy projects. In 2005,
the company was consolidated into three divisions: Infrastructure, Energy and Services. The Services
Division, includes water and waste management operations contracts and water engineering under
the Infilco brand. In 2005, Acciona sought to acquire Pridesa from RWE but the sale fell through.
€ million 2000 2001 2002 2003 2004
Revenues 2,873.0 3,025.9 3,414.7 3,864.9 4,045.7
Pre-tax profit 161.2 193.8 218.8 258.5 333.2
Net profit 114.6 137.6 159.6 1,947.7 225.7
Earnings per share (€) 1.80 2.16 2.51 N/A 3.55
Dividend per share (€) 0.60 0.70 1.20 1.38 1.67
The company made a number of concession contract gains in 2003. These include a 50,000m 3 per
day desalination plant at Canal de Alicante. This facility is being operated by Infilco for 15 years for
the provision of water to the Canales del Taibilla district in Murcia. This is part of a scheme providing
water to 600,000 people. It was also awarded the concession to operate the Yecla (population
32,000) sewage treatment plant by the Murcia regional Government.
Other operating contracts for sewage treatment plants are in Castilia-La Mancha, which have been
since 2000 serving Albacete (population 155,000), Villaviciosa de Odón (Madrid, population 22,000),
Talavera (population 80,000) and smaller contracts in Socuéllamos (Toledo), Montsiá (Tarragona),
Montornés (Barcelona), (Madrid), Tecla (Murcia) and Ibiza. These contracts typically run for five year,
renewable periods.
Acciona’s subsidiary GESBA (Gestión de Servicios Urbanos de Baleares), manages the drinking
water concessions in the municipalities of Andratx, Deiá and Paguera in the Balearic Islands. In
Andratx, under a 50 year concession, 1,090,000m 3 of water was supplied to a population of 12,000.
Contact Details
Name: Acciona
Address: Avda. De Europa, 18,
28018 Alcobendas, Madrid, Spain
Tel: +34 91 663 31 31
Web: www.acciona.com
Web: www.inflico.es
José Manuel Entrecanales (President)
Juian Ignaclo Entrecanales (Vice President)
Juan Muro-Lara (Group Executive Director)
José Luis Pérez Maeso (Urban and Environmental Services)
319 Pinsent Masons Water Yearbook 2005 – 2006