Endesa

Naturgy will be able to undo the provisions for hyperinflation and devaluation of the peso

Iberdrola, Naturgy and Endesa face new competition: JP Morgan enters direct electricity retail market in Spain via Sonnedix

Norbolsa | The renewable energy platform controlled by JPMorgan Asset Management is finalising a new strategic plan under which it intends to enter the direct electricity retail market. In addition to developing and managing renewable energy facilities, it will now also market its own and third-party electricity, competing with major electricity companies such as Iberdrola, Naturgy and Endesa. Although it is an international platform with a presence in nine countries,Sonnedix…


endesa novisimo

Endesa reduces share capital by €20 million through cancellation of 17 million shares with par value of €1.20 each

Link Securities | The Board of Directors of Endesa (ELE), in accordance with the resolution on the capital reduction approved at its Ordinary General Meeting of Shareholders held on 29 April 2025, agreed to implement the reduction in the amount of €20,409,079.20, through the cancellation of 17,007 566 treasury shares, each with a nominal value of €1.20, acquired under the Second Tranche of the Share Buyback Programme. Endesa’s share capital…


central nuclear de asco

Iberdrola and Endesa seeking to extend Ascó nuclear power station operating life until 2034

Banco Sabadell | According to press reports, both companies are set to apply imminently for authorisation to extend the closure date of the two reactors at the Ascó nuclear power station in Tarragona, at least until 2034, compared to the initially planned dates of 2030 and 2032. Assessment: News of little impact for now, which would be in line with the sector’s stance of wanting to extend the closure of…


endesa novisimo

Endesa’s profit increases by 21.5% to €2.3 billion thanks to strong performance of marketing and customer business

Renta 4 | Results exceeding our expectations and guidance, as a result of the strong performance of the marketing and customer business, where better margins, gas retail, higher hydroelectric production against lower wind and solar production, and the strong performance of combined cycles have offset the effects of prices on the short position (although they are performing better than our expectations). The distribution business reflects the re-settlements of previous years…


Endesa nocturnal

Supreme Court orders Government to pay Endesa €51 million for construction and maintenance of network

Link Securities | The Supreme Court has partially upheld Endesa’s (ELE) lawsuit against the government and has ordered the administration to pay it €51 million for the construction and maintenance of the network between 2017 and 2019, as well as penalties for losses corresponding to 2016, according to reports by elEconomista.es and ElConfidencial.com. However, the ruling rejected another €47 million claimed by the company and did not set a specific…


endesa cartel

Endesa hacked, sensitive user data compromised

Singular Bank | The company confirmed unauthorised access to its commercial platform, which has led to the theft of its customers’ personal data linked to their contracts. The information compromised in this security incident includes identity document numbers and registered payment methods, according to the company itself. The company’s shares fell 1.3% yesterday. Early in the day, Endesa was down 0.48%.


electricity

Redeia and Endesa: Council of State questions CNMC on network remuneration methodology

Banco Sabadell | According to press reports, the Council of State has issued a legal ruling questioning the legal validity of the circular on network remuneration methodology, particularly the Totex model, as linking remuneration to future demand introduces a market risk that is incompatible with the regulated nature of the activity, while imposing limits on investment could encroach on the Ministry’s powers. However, with regard to the circular on the…


Endesa eolica

Endesa closes second phase of share buyback programme for €442 million

Norbolsa | The Spanish energy company has completed the second phase of its share buyback programme for €442 million, at a weighted average price of €26.01 per share, and will launch a third phase today for up to €500 million, which will last until 28 February 2026. Both programmes are part of the €2 billion buyback plan approved by the Board of Directors on 26 March and authorised by shareholders…


Endesa nocturnal

Endesa sells 49.99% of EGPE Solar 2 to Masdar

Link Securities | Endesa has closed a deal with Masdar, a leading clean energy company in the United Arab Emirates, to sell a minority stake equivalent to 49.99% of the share capital of EGPE Solar 2, a wholly-owned entity that brings together four of Endesa’s photovoltaic assets in operation in Spain, with a total installed capacity of around 446 MW. Under the agreement signed on 24 March 2025, Masdar has…


endesa cartel

Endesa signs agreement with Masorange to purchase energy marketing company Energía Colectiva

Link Securities | Endesa (ELE), Spain’s largest electricity company in terms of power distribution lines, has signed an agreement with Masorange to purchase its energy marketing company, Energía Colectiva, according to a report in Wednesday’s edition of the newspaper Expansión. The value of the transaction has been estimated at €90 million. Energía Colectiva has 350,000 electricity and gas customers. The transaction is part of a broader agreement that includes the…