The Spanish National Commission on Markets and Competition (CNMC) has sparked a dispute between electricity and gas companies over the financial remuneration of their networks. The draft proposal from CNMC has particularly impacted electricity firms, with Endesa being the most affected, experiencing notable declines in the Ibex stock market and contributing to a collective loss of nearly €2 billion among electric utilities. Concurrently, Endesa and Iberdrola have initiated legal action against the Spanish government, jointly claiming €778 million related to nuclear waste fees. Specifically, Endesa has filed a compensation claim of €454 million against the government due to the increase in the 'Enresa' nuclear waste tax amid ongoing debates about nuclear plant closures. In other industry news, Spain's oil producer Repsol reportedly suffered approximately €170 million in losses last quarter due to power outages affecting its refineries and chemical plants. Gas infrastructure company Enagás reported a net profit of €176 million for the first half of 2025, driven by capital gains, with revenues increasing and debt levels remaining controlled, maintaining its strategic outlook despite results falling short of analyst consensus.
.@enagas gana 176 millones en el primer semestre impulsado por las plusvalías. Según informó la compañía a la Comisión Nacional del Mercado de Valores (@CNMV_IP), las ganancias en el periodo de enero a junio de 2025 del grupo que gestiona la red de grandes gasoductos en España
Enagás gana 176M€ en el primer semestre de 2025. Con ingresos al alza y deuda controlada, la compañía reafirma su hoja de ruta. Descúbrela en eToro ⬇️
🔍Así valoran los analistas los resultados de Enagás: "Por debajo del consenso, pero mantiene guías" https://t.co/F1cgGJGsZH