Renta 4 | The company has expanded its San Diego (US) campus dedicated to diagnostics and, in particular, blood typing. The expansion, at an approximate cost of $50 million (€43 million), has included the construction of a new plant that nearly doubles the surface area to 18,200 m2. Grifols has begun production of DG Gel cards, used in blood typing tests, and red blood cell reagents, used to detect antibodies….
Link Securities | The company, together with Forestalia, announced yesterday that they will double their partnership in Aragón (the combined cycle power plant in Escatrón with fifteen wind farms) to a total of 1,600 MW, which will enable a third party to develop a large data centre in the area, according to Expansión. With this scale, it would be the largest energy hybridisation project in Spain to date. Sources in…
Norbolsa | The company announces that it plans to seek a partner for the sale of 49% of the East Anglia Two offshore wind farm, valued at €5 billion. Thus, following the sale of 49% of East Anglia One and East Anglia Three, the company plans to seek a new partner for the second phase of this offshore development, which corresponds to a 960 MW development. Meanwhile, according to press…
Jefferies | With a low acceptance rate of 25%, BBVA’s takeover bid for Sabadell has reached a deadlock. We now expect management to focus on leaving the best possible impression. This implies the possibility of distributing 15% of market capitalisation in the short term and up to 40% in 2028. We expect the shares to react positively, given the implications that an acceptance level of less than 50% would have…
Bankinter | The payment corresponds to the FDA’s full approval on 2 October of the Zepzelca + Tecentriq (Roche) combination as a first-line maintenance treatment for adults with advanced small cell lung cancer whose disease has not progressed after first-line induction treatment with atezolizumab, carboplatin and etoposidei. Jazz Pharma is the exclusive licensee of Zepzelca for the US. Bankinter’s opinion: Positive news, despite which the stock fell yesterday, marking eight…
Banc Sabadell | The CEO of Inmobiliaria Colonial (COL), Pera Viñolas, said at a conference that the company plans to invest in new geographical areas in addition to those it has ‘historically touched’, which have been Paris (France), Madrid and Barcelona. Assessment: This is nothing new. Following the announcement of the agreement with Stoneshield on DeepLabs, they already commented that they expect to invest in other geographical areas in the…
Link Securities | Ferrovial (FER), in consortium with its Polish subsidiary Budimex, has obtained the highest overall rating in the public tender launched by Poland’s public railway network administrator (PKP) to build a new line for €610 million. The consortium is 80% owned by Budimex and 20% by Ferrovial, according to Expansión newspaper. Meanwhile, Ferrovial announced to the CNMV (National Securities Market Commission) an interim dividend totalling €342 million, payable…
CdM | Naturgy (NTGY) has begun construction of its first battery storage projects in Spain. These are batteries that will hybridise the Tabernas I and II photovoltaic parks in the province of Almería, and El Escobar and Piletas I in Las Palmas (Canary Islands), also managed by Naturgy. These projects are part of a total portfolio of ten facilities that Naturgy plans to launch in 2026, nine of which will…
Link Securities | FCC Environmental Services, a subsidiary of FCC Enviro, which in turn is a subsidiary of FCC, has been awarded a new contract in the United States worth $705 million (approximately €610 million) to maintain the energy recovery facility in Pinellas County (Florida) for the next 10 years, according to elEcomista.com. This plant, which has been in operation since 1983, processes approximately 2,450 metric tonnes of solid waste…
Indra headquartersRenta 4 | The government has allocated €6.89 billion in 0% loans to the military industry through the approval of three Royal Decrees to finance 18 PEM (Special Modernisation Programmes) projects. In September, the government already approved €7.334 billion for 13 PEM projects that had gone to Airbus (€3.68 billion), Navantia, Hisdesat and Indra itself. In this award, Indra will be the main beneficiary and will receive €2.178 billion…