Complex sentence: In 1994 the band won three Ronda awards, the equivalent to the Latin Grammy award; being awarded best musical production, best young band of the year, and the bestselling band of the year.
Split into simpler sentences: In 1994 the band won three Ronda awards, the equivalent to the Latin Grammy. The group received awards for best musical production, best young band of the year, and for bestselling band of the year.