EQT and Norges Bid for Acciona

Swedish private equity firm EQT and Norges Bank have launched a joint bid for renewable energy company Acciona Energia. The consortium faces competition from French firm Ardian. Acciona is assessing strategic options for its subsidiary.

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A view shows EQT AB's logo at the company's office in Tokyo, Japan May 13, 2025.

EQT AB and Norway's sovereign wealth fund manager have launched a €11.9 billion ($13.73 billion) joint bid for Acciona Energia (1ANE.MI), according to a Spain-based newspaper report on Tuesday morning.

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