IBEX 35 — ACS + Ferrovial FER + Sacyr SCYR + Acciona ANA + ANE + Iberdrola IBE + Repsol REP + OHLA + Alba + Pontegadea + Criteria Caixa, Ferrovial Dutch redomicile Jun 2023 + Nasdaq 9 May 2024.
Spanish listed-parent / PE-portfolio workforce against IBEX 35 construction & utility parents (ACS ACS + Ferrovial SE FER Euronext Amsterdam primary + Sacyr SCYR + Acciona ANA + Acciona Energía ANE + Iberdrola IBE + Repsol REP + OHLA Mercado Continuo + FCC Mercado Continuo), Corporación Financiera Alba S.A. (Bolsa de Madrid ALB; March family holding vehicle; largest single shareholder of ACS — declared >14% historically), Pontegadea Inversiones (Amancio Ortega family office; private; Spanish + international real-estate / infrastructure holdings disclosed via CNMV major-shareholder notifications), Magnum Capital Industrial Partners (Madrid-based mid-market PE / infra fund; Spanish-domestic platforms), and Criteria Caixa (La Caixa Foundation's holding vehicle private; major positions in Naturgy + other listed names; disclosed via CNMV) — Corporación Financiera Alba ACS stake (Alba annual report lists ACS as top-3 holding) + Ferrovial SE Dutch redomicile and Nasdaq listing (AGM approval April 2023; Dutch entity formed June 2023; Nasdaq listing 9 May 2024) + Acciona Energía IPO (EUR 2.7 bn IPO at EUR 26.73/share on 1 July 2021 — Spain's largest IPO since 2015) + CriteriaCaixa-Naturgy (Criteria holds c.26.7% of Naturgy Energy Group IBEX 35 NTGY). CNMV transparency: significant-shareholding notifications via RD 1362/2007 (>3% threshold for listed) + Ley 22/2015 auditing of accounts + Ley 5/2015 Fomento de la Financiación Empresarial + Real Decreto Legislativo 1/2010 Ley de Sociedades de Capital (listed-company governance) + Código de buen gobierno (CNMV good-governance code 2020 revision) + CNMC (Comisión Nacional de los Mercados y la Competencia) for sector concentration review + Ley 15/2007 Defensa de la Competencia + Ley 19/2003 foreign-investment screening (FDI regime tightened by RD-Ley 8/2020 + Ley 19/2023).
Request Technical BriefingRegulator exposure profile
- CNMV + RD 1362/2007 + IBEX 3528%
- RD 1/2010 Sociedades de Capital24%
- Código buen gobierno CNMV 202026%
- Ley 19/2003 FDI (RD-Ley 8/2020 + 19/2023)22%
Spanish listed-parent disclosure exposure axes.
Spanish listed-parent disclosure matrix against ACS / Ferrovial / Acciona / Sacyr / FCC × CNMV + RD 1362/2007 + TUF-equivalent (RDL 1/2010) + Golden-Power-equivalent (Ley 19/2003 FDI).
| ACS | Ferrovial SE | Acciona ANA/ANE | Sacyr SCYR | FCC + OHLA | |
|---|---|---|---|---|---|
| CNMV transparency RD 1362/2007 | covered | partial | covered | covered | covered |
| IBEX 35 governance | covered | covered | covered | covered | partial |
| RD 1/2010 Sociedades de Capital | covered | covered | covered | covered | covered |
| Ley 19/2003 FDI (RD-Ley 8/2020 + Ley 19/2023) | covered | covered | covered | covered | covered |
- In-scope
- Secondary listing / Mercado Continuo
- Tightening
- Out of scope
Ferrovial SE redomicile to Netherlands June 2023; primary listing Euronext Amsterdam; secondary BME FER + Nasdaq 9 May 2024. FCC + OHLA on Mercado Continuo not IBEX 35.
Named projects in this jurisdiction
- Corporación Financiera Alba ACS stake (Alba's annual report consistently lists ACS as top-3 holding; March family holding vehicle Bolsa de Madrid ALB) Corporación Financiera Alba S.A.
- Ferrovial SE Dutch redomicile and Nasdaq listing (AGM approval April 2023; Dutch entity formed June 2023; Nasdaq listing 9 May 2024; primary Euronext Amsterdam + BME FER secondary) Ferrovial SE 2023
- Acciona Energía IPO (EUR 2.7 bn IPO at EUR 26.73/share on 1 July 2021 — Spain's largest IPO since 2015; IBEX 35 ANE) + CriteriaCaixa-Naturgy (Criteria holds c.26.7% of Naturgy Energy Group IBEX 35 NTGY) Acciona Energía / CriteriaCaixa 2021
- IBEX 35 — ACS (ACS) + Ferrovial SE (FER + Euronext Amsterdam + Nasdaq) + Sacyr (SCYR) + Acciona (ANA) + Acciona Energía (ANE) + FCC (Mercado Continuo) + Iberdrola (IBE) + Repsol (REP) + OHLA (Mercado Continuo) + Corporación Financiera Alba (ALB) + Pontegadea Inversiones (Amancio Ortega private) + Magnum Capital (Madrid mid-market PE) + Criteria Caixa (La Caixa private) IBEX 35 + ALB + Pontegadea + Magnum + Criteria
Spanish listed-parent / PE: IBEX 35 — ACS + Ferrovial SE (Dutch Jun 2023 + Nasdaq 9 May 2024) + Sacyr (SCYR) + Acciona (ANA) + Acciona Energía (ANE; EUR 2.7 bn 1 Jul 2021 IPO largest Spanish since 2015) + Iberdrola (IBE) + Repsol (REP) + OHLA + FCC; Alba (ALB; March family >14% ACS), Pontegadea (Ortega private), Magnum, Criteria (~26.7% Naturgy). CNMV + RD 1362/2007 + RDL 1/2010 + Código buen gobierno + Ley 19/2003 FDI govern.
01. Pre-pricing — VI CGSC + CCNL-equivalent at subsidiary
Listed-parent workforce flows through operating subsidiaries. Spain-domestic VI CGSC + FLC + TPC at construction subsidiaries.
02. A1 + TGSS + CNMV disclosure at parent
A1 + TGSS notification at subsidiary. CNMV listed-issuer disclosure per material ITSS enforcement event at subsidiary.
03. CNMV + RD 1362/2007 + Código buen gobierno onboarding
CNMV transparency notifications (>3% threshold). Código de buen gobierno (CNMV 2020 revision) compliance per listed parent.
04. ITSS + TGSS-defensible evidence pack
Minimum pack: listed-parent CSRD-equivalent disclosure roll-up, operating-subsidiary REA + TPC + A1 + CGSC evidence per posted worker, Art. 42 ET attestation per chain tier.
05. India and Gulf sourcing corridors — the Spain listed-parent pathway
Indian and Gulf pools route through operating subsidiaries with Ley 9/2017 LCSP + REA + TPC + CGSC + Art. 42 ET audit-grade chain-of-custody per IBEX 35 / Mercado Continuo listed parent (ACS / Ferrovial SE / Acciona / Sacyr / FCC / Iberdrola / Repsol / OHLA / Alba / Criteria / Pontegadea / Magnum).