US EditionEndesa Plans to Start Construction of Pego Project in 2027
3 Articles
3 Articles
The Endesa announced this Wednesday an update of the company's strategic plan for the period 2026-2028, which provides for EUR 10,600 million of global investment.
Endesa presented the update of the strategic plan 2026 to 2028 during the morning of yesterday, as this newspaper commented. The reaction of the stock market was very positive from the first hours of yesterday’s session, with increases of 6-7%, although the action also reacted positively on Monday during the strategic presentation of the Italian matrix Enel. In both cases, the visibility that was provided in the new objectives of increase of pro…
Spanish electricity company Endesa confirmed this Monday in Madrid that the project to convert the former Pego Power Plant in Abrantes, initially planned for 2025, should now proceed in 2027. This information was included in the company's financial report presentation (see box) and in the update of its 2026-2028 Strategic Plan, which foresees a total investment of €10.6 billion. The content "Endesa postpones the start of the Pego Power Plant con…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
