English Edition Spain Govt Doesn't Rule Out Retroactive Renewable Subsidy Cut Spain's government doesn't rule out a retroactive cut in its generous subsidies for renewable power, an industry ministry spokesman said Wednesday. dj Τετ, 21 Απριλίου 2010 - 18:43
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. Ακολουθήστε το energia.gr στο Google News!Παρακολουθήστε τις εξελίξεις με την υπογραφη εγκυρότητας του energia.gr Διαβάστε ακόμα EU Nations Want Gas Exit Strategies Kept Secret Παρ, 11 Ιουλίου 2025 - 10:57 Bulgarian Prosecutors Look Into Bulgargaz' Deal With Turkey's Botas Παρ, 11 Ιουλίου 2025 - 10:52 Abu Dhabi’s Oil Giant Draws Trader Ire With Murban Supply Muddle Πεμ, 10 Ιουλίου 2025 - 08:56 DESFA: Natural Gas Strengthens its Role in Greece’s Energy Mix - Domestic Consumption Increased in by 12.38% Πεμ, 10 Ιουλίου 2025 - 08:50 Bulgaria-Romania Exit Point Books 70% in Bulgartransgaz Capacity Auction Τετ, 9 Ιουλίου 2025 - 08:39
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