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…

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…

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%.

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…

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…

Bankinter | Endesa (ENE) is the largest Spanish electricity company in terms of electricity distribution lines (320,000 km) and is calling for higher remuneration to carry out investments in networks. Last year, Endesa launched a Strategic Plan that envisaged a total investment of €9.6 billion for the period 2025-2027 (8% up on the previous plan). Forty-two per cent of the total investment would be allocated to networks (40% more than…