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Investing.com -- Redeia shares climbed 2.5% on Wednesday after Spanish regulator CNMC published its final proposal for regulatory parameters governing Spanish electricity transmission for the 2026-31 cycle.
The final proposal appears significantly more favorable for the company compared to the initial proposal released in July. The CNMC has indicated materially higher allowed revenues than in its initial proposal, representing a 10% increase over the 2026-31 period, or approximately €0.9 billion.
Additionally, the final allowed return for Spanish networks activities has not yet been definitively set and could potentially improve from the initially proposed 6.46%, which already represents an increase from the current 5.58%.
The regulatory documents are described as lengthy and complex, with multiple factors that would impact Redeia’s operations and financial performance in the coming regulatory cycle.
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