Endesa states that after darkness “reasonable wages in networks”

As the government progresses in its investigation to clarify the nine days and reasons for the mass blackout that left the Iberian Peninsula, the reactions continue to come from the private sector. This Wednesday, using the update of the quarterly results, that’s it EndesaElectric and Spanish gas that starts with a clear message: “Fair pay is essential in networks to face new demand challenges”.

The company directed by Jose Bogis supports its claim “Unprecedented Increase in Link Requests” That position “is a huge requirement for new investments in networks.” In his opinion, it is a unique opportunity to strengthen regulatory measures to reorganize the country, improve the use of the network, and to avoid assumptions at the link points. Endesa, in this line, claims to have broken the regulatory stop and increased its investment plan (2025-2027).

At the financial level, Endesa started training strongly. The energy in the first quarter of 2025 Net profit 583 million euros$ 293 million received in the same period of the previous year. As a result, the relief of the low financial burden after the imposition of the temporary tax imposed on the sector in the last two exercises in the last two exercises.

According to the presentation sent to the National Bond Market Authority, between January and March, Lo5,899 million euros from the groupIt refers to a 6.3%mutual increase. Total Exploitation Result (EPIDDA) reached 1,431 million to retrieve 32.6%. Along with these data, the company reiterates its course towards the financial objectives announced on its recent capital markets, in which 2025 plans to close the Net profit of 1,900 to 2,000 million euros and the EPIDDA on $ 5,400-5.6 billion.

The box also showed solid behavior, which kept 1,200 million euros in the quarter, which supports the consistency of its financial framework. The total debt was 10,500 million euros, while the net financial debt increased by 9%to 10.2 billion. This regeneration responds mainly to investments made in quarterly (600 million), paying the dividend (500 million) and buying water property for about 1,000 million.

As for the market environment, the company refers to it Geological political uncertainty has put pressure on raw material prices againIn the environment already marked by high fluctuations of the electric pond. The average price of MWH in the quarter is 85 euros, 90% higher than the same 2024 period.

On the other hand, Endessa is constantly progressing in her property cycle strategy And the optimization of capital use. During the first months of the year, it has completed 626 MW of Hydro Electric acquaintance, closing the sale of 49.9% of the second set of solar property in the process, and has introduced an ambitious sharing re -purchase of up to 2,000 million euros, of which 500 million is already in death.