Link Securities| The Europa Press agency reported yesterday, according to a statement from the stock market regulator, that the National Securities Market Commission (CNMV) has opened disciplinary proceedings against two directors of the Ecoener group for financial assistance during the company’s flotation on the stock exchange. Specifically, the CNMV has opened this case owing to the financing granted to two shareholders on April 29, 2021 for the subscription of shares...

Banc Sabadell | The Royal Decree on energy has been approved and the electricity companies are still asking that in Spain profits are taxed and not revenues. Yesterday the Cabinet approved the Decree which includes: Cut in VAT on gas from 21% to 5% up to December (which could be extended until 2023). Application of the “Iberian exception” to co-generation plants (600 installations) Service mechanism for rapid demand response, allowing industries...

Ecoener has dropped more than 15% in its stock market debut, thus weakening the debut of the first of the flood of renewable companies that plan to make the leap to the market in 2021. The renewables group only saw a positive sign in its share price in the early stages of the day, when it rose 1.7% to six euros per share.