Acciona Energia shuts books on €1.5bn IPO

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Acciona Energia shuts books on €1.5bn IPO

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2CNJJ0Y A worker makes adjustments before the inauguration ceremony of a parabolic trough solar thermal power plant in Alvarado, eastern Spain, July 27, 2009. The plant, owned by Spanish Acciona Energia company, will produce enough electricity to power about 50,000 homes. REUTERS/Nacho Doce (SPAIN ENVIRONMENT ENERGY BUSINESS) | Alamy Stock Photo

Acciona Energia, the Spanish renewable energy company, is due to price its IPO at €26.73 a share, the bottom of the initial range, having closed order books on Tuesday afternoon, according to sources close to the transaction.

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