Sunshine And Wind Update Spanish Bag
2021-02-20 | by CusiGO
A S & P global report stressed that the political commitment to the transition to a zero emission economy by 2050 is creating conditions for investment in the super cycle, because the goal of European energy policy is to double the capacity of renewable energy by that year. With the development of power grid, investors are increasingly interested in sustainable finance. In addition, the sector is expected to include the main risks posed by the epidemic: reduced energy demand, falling consumer prices, bad debts and supply chain disruption.
However, this super cycle of investors does bring the risk of financial bubbles, just as other industries will experience in the near future. Therefore, it is necessary to set up obstacles, but this is an irresistible process. IPO has become the simplest and cheapest way of financing, from which shareholders can obtain capital gains.
Companies are racing to get there as soon as possible. Acciona and Repsol have started dancing, and several renewable signatures will continue. The stock Committee said Thursday’s announcement of its intention to market the renewable energy business on the basis of the performance report was a priority, and the exchange responded, with the parent company’s share price up more than 11%. The company led by Jos é Manuel entrecanales, which tried this approach in 2014, now wants to go public as soon as possible and continue to control the subsidiary, but requires new funding to support its ambitious growth plans.
Repsol also reported results on the same day, with its chief executive, josu Jon imaz, commenting with analysts that the company was weighing whether to bring its renewable energy unit to market or seek alliances with some investors. It’s more like saying it with a small mouth, just to distract people, because these people are moving in the direction of IPO. In fact, it has hired consultants and investment banks to design the 4 billion euro deal.
These will be two resounding exits, but with the listing of renewable energy companies, the list has been very long. These companies have been listed, such as solaria, audax, solarpack, grenergy and Soltec. They also compete with traditional power companies, whose main assets are now renewable energy. Those eager to get into parquet include capital energy, a fashion company that won a recent government auction, opdenergy, factor energy and gransolar. Others are still waiting. Some companies are already listed on the US market, such as Cox energy on the Mexican stock exchange.
The fact is that this interest in the renewable energy industry has already seethed the stock market and potential investors. In this case, you are likely to think that, without spending too much time, you will join the selective ibex 35, working with industry giants such as Iberia, ndessa and natulgi. Solaria didn’t go any further. The index includes Acciona and Repsol, which would be interesting if they shared websites with renewable energy subsidiaries and were even more valuable than their parent companies without spending too much time, just like EDP renovais and EDP. Time.
If you look at ibex, on January 14 last year, he was 29 years old. In this new index, there are nine energy companies (two oil companies, one natural gas company and six power companies), which are similar to the index of big exchanges. Two of them (Sevilla and fecsa) were annexed by Endesa, which was eventually controlled by Italian Enel; hydrocant á Brica was acquired by EDP of Portugal; union electrical fenosa merged with natural gas of Catalonia at that time, forming today’s nature, Iberia continues to grow and consolidate rapidly in several global markets. Among the oil companies, cepsa has withdrawn from the market, while Repsol is no longer just an oil company, but more and more active in renewable energy. Most of them were in the lead in capitalization, led by Telef ó Nica, Repsol and Endesa, three state-owned companies in the process of privatization at the time.
This is a picture of 35 companies with a total capital of 8.5 trillion pesetas (51 million euros). Nearly 30 years later, the total capital is US $425.177 million. Among the 35 companies at that time, only 9 companies had the same name. Three companies changed due to merger or similar reasons, and some of them were acquired. The rest either doesn’t exist or doesn’t offer.