Companies

Acciona energia guapa

Acciona Energía negotiates sale of wind assets in Galicia for €700 million

Banc Sabadell | Acciona Energía (ANE) is reportedly negotiating the sale of its wind assets in Galicia (26 wind farms with a total of 550 MW, which came into operation between 1998 and 2005) to the company Recursos de Galicia (a public-private partnership) for around €700 million, although the transaction is still in its early stages, as Recursos Galicia has only sent a non-binding proposal, according to Expansión. We would…


iberdrolaTC

Iberdrola formalises alliance with Starwood Capital infrastructure fund to expand data centres in Spain

Bankinter | Iberdrola (IBE) and Echelon Data Centres (controlled by the US fund Starwood Capital Group) have formalised the creation of Echelon Iberdrola Digital Infra, the joint venture through which they will develop the data centre business in Spain. Echelon will hold an 80% stake in the joint venture and Iberdrola will hold 20%. Iberdrola will contribute its experience in renewable energy generation and in the development and management of…


metrovacesa2

Metrovacesa agrees to pay €1.12 gross per share on 23 December

Link Securities | At its meeting held on 25 November 2025, the Board of Directors of Metrovacesa (MVC), and in relation to the distribution of dividends charged to freely available reserves (share premium) approved by the Ordinary General Meeting of MVC on the same date, has agreed to make a payment of €1.12 gross per share on 23 December 2025. The most relevant dates in relation to this cash payment…


ercros

CNMC authorises Bondalti Ibérica’s takeover bid for Ercros after Ministry of Economy fails to refer transaction to Council of Ministers

Alphavalue/Divacons | The National Commission on Markets and Competition (CNMC) has given final authorisation for the takeover bid by Portuguese firm Bondalti Ibérica on Spanish chemical group Ercros, after the Ministry of Economy, Trade and Business did not consider it necessary to refer the transaction to the Council of Ministers.


acerinox industria acero

Acerinox: EC plans to strengthen trade protection point to shift towards industrial policy more favourable to steel

Deutsche Bank | In recent years, steel stocks have been affected by weak demand, import pressure and political headwinds, and although fiscal spending and interest rates could provide support, we remain cautious on demand. However, the European Commission’s (EC) plans to significantly strengthen trade protection point to a significant shift towards a more steel-friendly industrial policy. If these measures are implemented, even partially, steelmakers are likely to return to an…


telefonica letrero entrada 1024x648 1

Telefónica to provision compensation -potentially €2 billion- for redundancy plan in Q4 2025

Bankinter | Telefónica has proposed a redundancy plan for 5,319 employees of Telefónica España (3,649 people; 41% of the total), Telefónica Móviles (1,124; 31%), Telefónica Soluciones (267; 24%) and Movistar+ (279; 32%). It could still announce further redundancies in the three remaining companies in Spain (Telefónica Global Solutions, Telefónica Innovación Digital and Telefónica S.A.), which could bring the total to 6,000 employees. The actual departures will take place from 2026…


naturgy eolica

Naturgy promotes project for development of seaborne floating photovoltaic technology

CdM | Naturgy (NTGY) announced on Tuesday that it has promoted, through its innovation platform Innovahub, a pioneering project in Spain for the development of floating photovoltaic technology in the open sea. It has done so in collaboration with Spanish start-up BlueNewables, with the aim of ‘exploring new renewable solutions that enable progress in the decarbonisation of the energy system’. As Naturgy explained in a statement, the project involves the…


dia fachada

DIA to launch new logistics centre in Malaga, second largest warehouse, with €47 million investment

Link Securities | The supermarket chain continues to make progress with its 2025-29 Strategic Plan and will launch a new logistics centre in Antequera (Malaga), according to Bolsamania.com. The new warehouse, scheduled to open in the first half of 2027, will involve an investment of around €47 million and the support of IBA Capital and Dunas Capital. The Spanish listed company has explained that this construction will have a total…


Squirrel media

Squirrel to launch second television channel on 1 January 2026 with national coverage

Renta 4 | The company has announced the launch of its second national free-to-air television channel, which will be available from 1 January 2026 and will be distributed via DTT with national coverage. The channel will offer high-quality fiction content and will also be available on the main Spanish television platforms. This launch follows the opening this year of the Squirrel TV channel, which replaced the Disney Channel The company…


grifols edificio

Gotham City believes investigations into bearish attack on Grifols will not result in significant financial blow

Alphavalue/Divacons | Gotham City Research believes that the legal investigations stemming from its bearish attack on Grifols (GRF) in January 2024 will not result in a significant financial blow to the company, and has therefore ruled out making provisions for this possible contingency. This position is maintained despite the fact that the Spanish pharmaceutical company has initiated legal proceedings in the United States in which it is claiming millions in…