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BBVA Argentina

BBVA to pay cash dividend of €0.32 per share on 7 November, once takeover bid for Banco Sabadell settled

Link Securities | BBVA’s Board of Directors has agreed to pay an interim dividend for the 2025 financial year in the gross amount of €0.32 per share in cash, setting the payment date for this amount as 7 November 2025. The main characteristics of the agreed payment are detailed below: • Gross amount per share: €0.32• Last trading date for BBVA shares with the right to participate in the distribution:…


Repsol Strategic Plan

Repsol to Build its First Large Renewable Hydrogen Plant in Cartagena

Repsol has given the green light to its first large-scale electrolyser, with a capacity of 100 MW, at its industrial complex in Cartagena. The facility, involving an investment of €300 million, will be capable of generating up to 15,000 tonnes of renewable hydrogen annually, and will prevent the emission of up to 167,000 tonnes of CO2 each year. The company will use the renewable hydrogen as a feedstock to manufacture…



Endesa eolica

Endesa joins European Blades2Build project to carry out largest wind farm repowering in Spain

Link Securities | The company, through its renewable energy subsidiary, Enel Green Power España, has connected its largest repowered wind farm in Aldeavieja, between the municipalities of Santa María del Cubillo and Ojos Albos in Ávila, according to a report by the website Bolsamania.com last Friday. The facility has gone from 22 wind turbines to four, with greater renewable production capacity. ‘For us, this repowering is a real milestone,’ said…


Iberdrola edificio

Iberdrola to announce annual investment of €12-14 billion for 2025-28 at CMD, mainly aimed at improving networks

Bankinter | This Wednesday, 24 September, Iberdrola will hold its Investor Day, or Capital Markets Day (CMD), at which it will present its new three-year strategic roadmap (2025-2028) and offer an overview of its expectations until 2031. The press is leaking some of the guidelines that will be included in the Plan. These leaks point to an annual investment of between €12 billion and €14 billion. Net profit could reach…


telefonica edificio

Telefónica given regulatory approval for sale of Telefónica Uruguay for €373 million

Renta 4 | The regulatory authorities in Uruguay have approved the acquisition of Telefónica Uruguay by Millicom. Telefónica Hispanoamérica S.A., a wholly owned subsidiary of Telefónica, reached an agreement in June with Millicom Spain S.L. to sell its 100% stake in Telefónica Uruguay. The agreed price was $440 million (approximately €373 million). Assessment: This news was expected given that Millicom was not present in Uruguay. This transaction confirms the divestment…


minimum living wage

Real Disposable Income Rises 1.6% in Spain Since 2010 While EU Average Rises 20%

The European Union’s statistical office attributes a mere 1.6% improvement to real incomes in Spain over fifteen years. Eurostat states in its latest report on “living conditions” in the European Union that the real disposable income of its citizens has grown by only 1.6% in Spain over the last fifteen years, whereas the EU average grew by 20%. Eurostat measures average real income—the amount left after taxes are deducted from…


Digi

Digi begins preparations with Rothschild for IPO of Spanish business, valued at €2.5 billion

Link Securities | The Spanish subsidiary of the Romanian operator plans to go public to accelerate its growth. It currently covers more than 12 million households, and its goal is to reach 20 million in three years. To finance this growth, the telecommunications group intends to place a minority stake on the stock market and has hired Rothschild for this purpose. DIGI is valued at €2.5 billion. The IPO is…


CAF novísima

EIB grants €80 million loan to CAF for iR&D&I at its centres in Spain and Poland

Link Securities | The company and the European Investment Bank have signed a loan agreement for €80 million to finance the company’s research, development and innovation (R&D&I) programme, according to Expansión. The European bank’s loan will enable the train and bus manufacturer to invest in digitalisation, autonomous mobility solutions and the energy efficiency of trains and buses. All R&D&I investment will have to be made at CAF’s centres in Spain…


iag 1440x808 1

IAG to participate in Air Europa’s capital increase following entry of Turkish Airlines

Link Securities | IAG (IAG) has decided to participate in Air Europa’s capital increase following the entry of Turkish Airlines into its shareholding structure, as confirmed on Friday by the Spanish-British group, according to a report in Expansión on Friday. Iberia’s parent company acquired a 20% stake in Air Europa in August 2022 after converting a €100 million participatory loan. This was the first step in its second attempt to…