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Enagas headquarters

Enagás acquires 31.5% stake in Térega, one of two gas transmission system operators in France, from GIC for €573 million

Bankinter | Enagás has announced the purchase of a 31.5% stake in Teréga for €573 million from GIC. Teréga is one of the two operators of the gas transmission system in France, managing a network of 5,100 km of gas pipelines in the south-west of the country. Teréga operates 16% of the French gas transmission network and 27% of the national storage capacity. Teréga’s network is connected to Enagás’s via…


Talgo building

Talgo wins contract in Sweden, bringing order book to €6.5 billion

Renta 4 | Talgo (TLGO) has informed the National Securities Market Commission (CNMV) that it has been awarded a contract in Sweden for the supply of 10 locomotives, 9 daytime trainsets and 11 night-time trainsets, as well as their maintenance for 10 years. Under the terms of this contract, the client has the option to extend the initial order by requesting the supply of 9 additional locomotives, 7 additional daytime…


iberdrola megachuli

Iberdrola reaffirms commitment to continuing to invest in Brazil

Link Securities | The chairman of Iberdrola (IBE), Ignacio Sánchez Galán, held a meeting on Saturday with the President of Brazil, Luiz Inácio Lula da Silva, as part of the Spain-Brazil bilateral summit held in Barcelona, according to a report this weekend in the newspaper Cinco Días. At the meeting, the Spanish executive confirmed his commitment to the Latin American country, where he owns the largest electricity distributor, and announced…


Repsol

Repsol reaches agreement with Venezuela and will triple production in three years

Renta 4 | Repsol has signed an agreement with the Venezuelan Ministry of Hydrocarbons and the state-owned company Petróleos de Venezuela (PDVSA) to regain operational control and increase oil production at Petroquiriquire (60% PDVSA and 40% Repsol). The deal also aims to guarantee payment mechanisms and strengthen the operational framework for its activities in the country, under the Framework Agreement originally signed in 2023. We recall that this agreement, amended…


alta velocidad

ACS, Acciona and Ferrovial lead three consortia bidding for Poland’s largest public works project—major high-speed rail contract—worth €30 billion

Link Securities | The Polish subsidiaries of ACS, Acciona (ANA) and Ferrovial (FER) are leading three of the consortia bidding for the first major high-speed rail contract in Poland, a project linked to the new Warsaw International Airport (CPK) which makes it the country’s largest public works project and one of the largest in Europe, with a total budget of over €30 billion, of which around €18 billion will go…


unicaja logo fachada

Unicaja Banco confirms “preliminary discussions” with Wizink Bank regarding potential agreement to boost card and consumer finance business

Link Securities | In relation to certain reports that appeared in some media outlets yesterday, Unicaja Banco informed the National Securities Market Commission (CNMV) that it regularly analyses potential investment opportunities or corporate transactions that could be of interest to all its shareholders. In this regard, it confirms preliminary discussions with WizinkBank, S.A., with the knowledge of the Board of Directors and within the framework defined in the Strategic Plan,…


indra edificio 2

Escribano family seeking to smooth way for Indra’s merger by finding potential buyers for their 14.3% stake

Link Securities | The Escribano brothers are taking steps to bridge the gap with the Government. The family has commissioned JP Morgan to seek potential buyers for its 14.3% stake in Indra, according to sources familiar with the matter speaking to Vozpopuli.com. Among the options on the table are both a potential partial and total sale of this stake, against a backdrop marked by the government’s demands to revive the…


Ferrovial junta 2026

Ferrovial set to continue growing in US, plans €1 billion dividend payout and converts its SE into an NV

Link Securities | Ferrovial (FER) announced at its Annual General Meeting held on Thursday in Amsterdam that it will continue to grow in the United States, thanks to a record-breaking portfolio, expects to pay out €1 billion in dividends annually (€626 million in 2025) and will focus on the rotation of mature assets to finance future growth opportunities, according to a report in the newspaper Expansión on Friday. Ferrovial also…


Telefonica

Telefónica sells Mexican subsidiary for €389 million

Telefónica has sold its entire stake in Telefónica México to the Melisa Acquisition consortium—comprised of Oxio and Newfoundland Capital Management—for an amount of $450 million US (approximately €389 million), as reported late Tuesday to the National Securities Market Commission (CNMV). The transaction is being carried out through Telefónica Hispanoamérica, a company 100% owned by the group, and includes the sale of 100% of the capital of the companies Pegaso PCS…


Talgo new

Talgo wins contract worth €485 million to supply 10 locomotives and 91 passenger carriages in Sweden

Renta 4 | Talgo (TLGO) has been awarded a contract in Sweden to supply 10 locomotives and 91 passenger carriages worth €485 million, according to press reports. The trains are due to enter service from 2030 and the locomotives could be supplied by Siemens. Assessment: Positive news. The award raises the order book to historic levels of over €6 billion, with the contract value representing around 10% of Talgo’s order…