European economy

photovoltaic energy in Spain

Austrian Verbund Buys Photovoltaic Assets In Spain From Q Energy For €1 billion

The Austrian utility has been the winner of the large bid organised by the Spanish renewable energy fund Q Energy. The firm has acquired a platform with 82 MW in operation and more than 4 GW under development, valued at over 1 billion euros, in one of the most important renewable energy deals of the year in Spain. The assets are located mainly in Castilla La Mancha and Andalusia. Of…

Read More

Euribor2

The Euribor Enters Into Positive Territory

Fernando González Urbaneja | Last week the Euribor started to trade in positive, five thousandths of a point insignificant, but positive. Since February 2016 the Euribor had been negative, down to a minimum of half a point. Several million Spanish mortgages will be more expensive today than yesterday, although less than tomorrow. The European Central Bank opted weeks ago for a progressive and cautious strategy towards the neutrality of its…