State ordered to pay Endesa €255 million plus interest from 2020 onwards to cover higher fuel costs incurred in Canary Islands and Balearics
Banco Sabadell reports According to press reports, the Supreme Court has ordered the State to compensate Endesa with €255 million plus interest from 2020 onwards, for the higher fuel costs incurred in the Canary Islands and the Balearic Islands. The decision stems from the failure to enforce a previous ruling from 2024 which had already declared part of the 2022 regulation on these costs to be unlawful. Consequently, payment must…







