Acciona SA, Spain’s second-largest wind-power operator, has paid out around 42.5 million euros (US$57.5 million) to former director Esteban Morras Andres for his interest in two of its plants.

Moreover, a pioneer in Spanish wind energy, Morras co-founded Corporacion Energia Hidroelectrica de Navarra SA, one of the country’s earliest wind-turbine operators, which was sold in 2003 to Acciona, then largely a construction company.