Acciona, S.A. (BME:ANA) is preparing to sell down 8% of its renewable energy subsidiary Corporación Acciona Energías Renovables, S.A. (BME:ANE) (Acciona Energia), in a deal that could fetch between €800 million ($906.9m) and €1 billion, Spanish finance newspaper Cinco Dias reported on January 12, 2022. The process is reportedly not imminent and could get underway in the form of an accelerated bookbuild on the public market in the coming months.