Spain’s Acciona set to get 200 mln eur from public rail deal

Acciona said on Friday it stood to make over 200 million euros next year from supplying electricity for one of the country’s public rail companies.

Acciona subsidiary Acciona Green Developments won 94 percent of the electricity auctioned by Adif and estimates it will make 207.8 million euros in revenues.

Acciona will provide all the electricity for Spain’s high-speed AVE trains that link major cities, as well as other rail networks. All electricity supplied will be from renewable energy sources.