The three big electricity companies with operations in Spain, namely Iberdrola, Gas Natural Fenosa and Endesa, earned 5.627 billion euros in 2017, up 3% from a year earlier.

The companies clocked up this increase in profits despite the fact that 2017 was a year marked by scant hydroelectric resources in Spain and by the difficult conditions in the deregulated market, which have affected the results of the three energy firms.

Published in The Corner, 12th March, 2018

http://thecorner.eu/financial-markets/spains-big-electricity-firms-earned-5-627-bn-euros-2017/71619/