Alphavalue/DIVACONS | The energy company increased the contracted power associated with its electric vehicle charging points on public roads by 23% during the first half of the year. The power figure in its distribution network rose from 175 MW at the end of 2024 to 215 MW at the end of June.
Bankinter | Net profit in line and positive surprise in cash generation. Guidance maintained. 40% of the year’s share buyback programme completed. Key figures compared to market consensus: EBITDA €2.711 billion (up 12%) versus €2.719 billion estimated; Net profit €1.041 billion (up 30%) versus €1.046 billion estimated; Operating cash flow €2.400 billion (up 101%); Net debt €9,900 million versus €9,294 million in December 2024. Maintains guidance for 2025, with EBITDA…
Bankinter | Good results for Q1 2025 and attractive assessment. Key figures compared to market consensus: EBITDA €1,431 million (+33%) versus €1,370 million estimated; NPA €583 million (+100%) versus €481 million estimated; Funds from Operations (FFO): €1,243; Net debt €10,159 million versus €9,294 million in December 2024. The management team maintains its 2025 guidance, which envisages EBITDA of between €5.4 billion and €5.6 billion (between +3% and +7%) and ordinary…
Bankinter | The board of directors of Endesa has approved two different tranches of buybacks. On the one hand, a first tranche of €17.3 million intended to comply with the flexible remuneration programmes for group employees, with a maximum of 1.11 million shares. The execution period will run from 28 March to 14 April. The second tranche is valued at a maximum amount of €500 million and the objective is…
CdM | Endesa, through its network subsidiary, e-distribución, has exceeded 30 GW of distributed renewable capacity connected to its distribution grid, enough to supply the consumption of almost 20 million homes and avoid the emission of close to 30 million tonnes of CO2. These are installations of small and medium-scale renewable energy producers and self-consumption which, in recent years, have been increasing their weight on the renewable generation map in…
Reconciling the support of center-right nationalist parties, such as the Basque Nationalist Party (PNV) or Junts per Catalunya (the party of the fugitive Puigdemont), with that of extreme left parties (Podemos, Sumar…) was possible a year ago, to elevate Pedro Sánchez to the presidency of the Government despite having lost the elections. Spain has never had a weaker government, more willing to stay in power by making the necessary concessions…
Renta 4 | The company has reached an agreement to acquire Acciona’s hydro assets in Spain. The deal consists of 656 MW of 34 plants generating 1.3 TWh in 2023, for which Endesa has agreed to pay €1,000 million debt-free, financed with its own funds, and which is expected to close in 1H25, subject to the relevant regulatory approvals. Assessment: The remaining useful life of these assets is limited in…
Banco Sabadell : According to press reports, Endesa has shown interest in the hydroelectric assets that Acciona has recently put up for sale. Specifically, they would comprise 626.5 MW spread over 34 plants and with a concession life of between 12 and 39 years. According to the news, Acciona Energía aims to obtain around €1,000 million in a process that is still in its initial stages, and in which the…
Endesa has closed the sale of 49.99% of a large solar portfolio of 2,000 MW of capacity to the Emirati renewables fund Masdar for €817 million, the energy company informed the National Securities Market Commission (CNMV) on Thursday. The agreement will be accompanied by a 15-year power purchase agreement (PPA), which will be managed by a firm wholly controlled by the electricity company headed by José Bogas. With the entry…
CdM | Endesa has combined the use of 5G technology with artificial intelligence (AI) to improve the safety of workers during maintenance work on distribution network infrastructures, the company said. Specifically, e-distribución, the energy company’s network subsidiary, has deployed a private 5G network at the Ecogarraf substation in Barcelona as part of the European Smart5Grid project, which has explored the possibilities offered by 5G technology in the development of smart…