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The Corner
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.
Repsol

Companies 12th December 2025

Repsol’s renewable asset rotation in US: sells 43.8% of Outpost solar project (629 MW) in Texas to Stonepeak for €252 million

Renta 4 | Repsol has reportedly reached a new agreement with the Stonepeak fund to transfer a 43.8% stake in its Outpost solar project (629 MW) in Texas, US. The sale price amounts to €252.5 million, which values 100% of the asset at approximately €775 million in EV, including approximately €200 million derived from the monetisation of production tax credits received by the project. Outpost (629 MW) began operating in…

iberdrola aerogenerador

Companies 12th December 2025

Iberdrola begins assembling wind turbines for Tâmega Wind Farm, largest in Portugal

Alphavalue / Divacons | The Spanish utility has begun assembling the wind turbines for what will be Portugal’s largest wind farm, the Tâmega Wind Farm, a 274 MW project comprising 38 turbines of 7.2 MW each, the largest and most powerful on the onshore wind market. With an investment of €350 million, it is expected to produce 601 GWh per year, equivalent to the consumption of 128,000 households, and avoid…

Naturgy edificio 640x420

Companies 11th December 2025

BlackRock sells 7.1% of Naturgy’s capital in accelerated placement at €24.75 per share, 5.4% discount

Bankinter | BlackRock announced on Wednesday at the close of trading the accelerated placement of 7.1% of Naturgy (NTGY), reducing its stake from 18.5% to 11.4%. The placement price will be €24.75 per share, representing a discount of 5.4% on yesterday’s closing price. At the placement prices, the value of this package reaches €1.7 billion. BlackRock will go from being the third to the fourth largest shareholder in the company….

Indra novedad

Companies 11th December 2025

Indra unanimously agrees to potential acquisition of Escribano Mechanical and Engineering

Bankinter | Indra’s Board of Directors has unanimously agreed to the potential acquisition of Escribano Mechanical and Engineering (EM&E). In its statement, the Company mentions that ‘the potential transaction is consistent with the strategy of the Indra Group’ and that ‘the agreement does not imply or anticipate the approval of any transaction’. Bankinter analysis team’s view: Limited impact, as it was practically a foregone conclusion that Indra’s Board would approve…

FED 2016

In the World 11th December 2025

Fed cuts benchmark interest rates by quarter point to 3.5%/3.75% amid apparent split over economy

Bankinter | The Fed cuts benchmark interest rates (Fed Funds) by a quarter of a point to 3.5%/3.75% as expected. The decision was not unanimous, with one vote in favour of cutting by 50bp (Miran) and two in favour of maintaining rates (Goolsbee and Schmid). They announced that from 12 December they will increase their balance sheet again by purchasing treasury bills, not as part of their monetary policy, but…

empleo hosteleria

In the World 11th December 2025

Unemployment remains stable in more than half of OECD countries in October

Unemployment remains stable in more than half of OECD countries in October 11 December 2025 CdM | In October, the unemployment rate remained stable in 21 of the 32 OECD countries with available data. Seven OECD countries experienced an increase and four a decrease. Specifically, Mexico, Korea, Japan and Israel recorded unemployment rates of 3% or less. In contrast, Spain maintained a double-digit unemployment rate of 10.5%, while Finland reached…

caf cartel fachada

Companies 11th December 2025

CAF wins new contract in France, worth around €250 million, for 22 regional trains

Bankinter | The company has been awarded a new contract to supply 22 regional trains for French operator SNCF Voyageurs, in consortium with Alstom. CAF will design and manufacture the trains at its plant in Alsace and Alstom will supply equipment Analysis team’s view: A new contract in France representing around 1.6% of the total order book and 1.9% of the railway order book. This contract confirms the positive performance…

iberdrola señalada

Companies 11th December 2025

S&P Global Ratings reaffirms Iberdrola’s credit rating at “BBB+” with “stable” outlook

Link Securities | S&P Global Ratings has reaffirmed Iberdrola’s (IBE) credit rating of “BBB+” with a “stable” outlook, highlighting the company’s “comfortable financial margin” and its investment strategy focused on regulated networks and renewable energy, according to a report in El Economista on Wednesday. In a report published on Wednesday, the firm highlights that Iberdrola will invest around €58 billion between 2025 and 2028, with two-thirds earmarked for networks in…

cnmv

In Spain 11th December 2025

CNMV to halve reporting requirements for listed Spanish companies

The Spanish National Securities Market Commission (CNMV) has presented its ‘Supervisory Actions Simplification Plan,’ which will reduce by up to 50% certain types of information that supervised entities must provide in their periodic reports to the body. The stock market supervisor’s new plan consists of 31 measures, 18 of which are aimed at reducing the documentation required with the goal of simplifying it in a “proportionate” manner, “avoiding duplication,” and…

catalana occidente nueva 2

Companies 10th December 2025

Grupo Catalana Occidente to distribute gross dividend of €4.65 per share; as a result, Inocsa adjusts takeover bid price to €45.10 per share

Link Securities | The Board of Directors of Grupo Catalana Occidente (GCO) met on 9 December 2025 and agreed to distribute a dividend on account of the 2025 results in the amount of €4.65 gross per share, with the withholdings established by applicable tax regulations being applied at the time of settlement of this dividend. The dividend will be paid on 17 December 2025. The last day of trading of…