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Acciona warns that legislative changes “undermine investor confidence”

Date: March 1, 2024 Time: 06:49:33

The president of Acciona, José Manuel Entrecanales, has criticized the “excessive intervention of European governments” and the more than 130 regulatory changes approved in Spain during the last two years as one of the factors that reduce the competitiveness of the national economy, ensuring that “undermine investor confidence” and relegate the country to a secondary role in what he has considered “the great global economic transformation underway.”

In the speech delivered during the General Shareholders’ Meeting, the top leader of the company, dedicated to the promotion of infrastructures and renewable energy projects, among other actions, has demanded “not to lose leadership” in Europe in terms of decarbonization.

“Our population is the most aware and our governments are the most committed in the world. We cannot lose this leadership because it will be one of the greatest factors of future competitiveness and one of the most valuable industrial strengths in the coming decades,” he assured.

Growing dividend in the coming years

Acciona has resolved its General Meeting with the approval of all the points proposed on the agenda by the shareholders. The company has received the ‘green light’ for the accounts, management reports and activity of its top management for the year 2022, in addition to agreeing to the re-election of KPMG as auditors for the current year.

The meeting has also given its approval to the distribution of a dividend of 4.5 euros, which will be distributed on July 6, exceeding the 4.11 euros paid last year. The president of the company, José Manuel Entrecanales, has shown his willingness to see this dividend continue to grow in the coming years: “we aspire to a prudent and gradual growth of the dividend as long as circumstances allow it.”

new counselors

The shareholders have given their approval to the appointment of two new independent directors to the board of directors, which will be made up of 13 members. They are the director of the Princess of Asturias Foundation, Teresa Sanjurjo González, and María Salgado Madriñán, co-founder of the wind blade company GDES Wind. Likewise, the re-election of Jerónimo Marcos Gerard Rivero as independent director has also been approved.

In his speech, Entrecanales pointed out that during the year 2022, 40% of women have joined the 25 new management positions and the hiring of people with disabilities has been extended to account for 4% of the total number of employees, twice the amount legally fixed.

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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