US EditionSuspension of the Analysts to the Remuneration Rate of Cnmc to Iberdrola and Endesa for Their Networks
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Both RBC Capital Markets and Jefferies have assessed the rate of financial compensation for electricity networks proposed by the Spanish regulator, and the conclusion is univocal: totally insufficient, especially in these times of uncertainty following the ‘Gran Apagon’. 6.5% MORE FOR NETWORK, FRONT TO 7% THAT IBERDROLA REQUESTS The National Commission of Markets and Competition (CNMC) has proposed an Average Capital Profitability Rate (WACC) of…
Market Consensus Renta 4 The Spanish regulator CNMC published on Friday a consultation on the methodology for calculating the financial remuneration rate for electricity transmission and distribution activities, and regasification, transmission and distribution of natural gas, and establishes the financial remuneration rate applicable to electricity transmission, system operation and distribution activities in the regulatory period 2026-2031. T…
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