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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| EDP Renovais SA (PK) | USOTC:EDRVF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 16.01 | 15.25 | 15.73 | 0.00 | 17:47:40 |
From Jun 2019 to Jun 2024
Spain's government doesn't rule out a retroactive cut in its generous subsidies for renewable power, an industry ministry spokesman said Wednesday.
Shares in renewable energy companies plunged Wednesday amid regulatory concerns after Spanish media speculation about a retroactive subsidy cut.
At 1055 GMT, engineering and renewable power company Abengoa SA (ABG.MC) fell 4.9% to EUR20.07, while wind turbine maker Gamesa Corporacion Tecnologia SA (GAM.MC) fell 3.9% to EUR10.23 and wind power producer Iberdrola Renovables SA (IBR.MC) was down 2.8% at EUR3.04.
A retroactive cut is legally possible, but the government hasn't taken a decision yet and is weighing its options, the industry ministry spokesman said.
-Juan Montes, EFE Dow Jones, djmadrid@dowjones.com; +34-91-395 8120,
(Bernd Radowitz contributed to this article)
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1 Month EDP Renovais (PK) Chart |
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