Link Securities | Repsol (REP) will claim €125 million from the electricity companies Iberdrola (IBE), Endesa (ELE) and Naturgy (NTGY) over the power cut on 28 April 2025, which affected its five refineries in Spain, as the deadline for claiming damages expires this month, according to the newspaper Expansión.
This was confirmed to the newspaper by sources familiar with these legal proceedings.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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