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Channel: Utility trends – Institute for Energy Economics & Financial Analysis
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Coal losses prompt Spain’s Endesa to speed renewable energy investments

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S&P Global Market Intelligence ($): Endesa SA is going all out on wind and solar power to replace money-losing coal plants in Spain and Portugal, executives said, after write-offs on the legacy assets dragged down the utility’s net income by 80% in 2019. Endesa, one of Spain’s largest utilities, is planning to close most of […]

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