Spain’s Acciona Energia (<a href="https://www.bolsasymercados.es/bme-exchange/es/Mercados-y-Cotizaciones/Acciones/Mercado-Continuo/Ficha/Acciona-Energia-ES0105563003" target="_blank">BME:ANE</a>) has cut its EBITDA target for 2024 due to lower than expected electricity output in the year to date and a forecast of downward-trending power prices, the renewables company said in its first-quarter trading update last week.