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Spain's nuclear waste levy hike faces legal challenges

Spain's nuclear waste levy hike faces legal challenges By Pietro Lombardi MADRID, Oct 4 (Reuters) - Spanish lobby group Foro Nuclear has filed a legal challenge with the country's top court against a 30% increase of the nuclear waste levy, while the main operators of the plants are moving to join the fight. The lobby group, whose members include the energy companies operating Spain's reactors and firms active in the industry, filed the legal action to the Supreme Court in late September, it told
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DB resumes coverage of European utilities with neutral sector view

BUZZ-DB resumes coverage of European utilities with neutral sector view ** Deutsche Bank says a recovery in European utility stocks has narrowed their 15% underperformance vs wider market to just 2%, leaving the broker neutral on the sector ** "The rally and modest earnings upgrades means that the sector is again closer to its long-run norm: P/E pa
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Bureau Veritas, Covestro AG, Redcare Pharmacy NV

EUROPE RESEARCH ROUNDUP-Bureau Veritas, Covestro AG, Redcare Pharmacy NV Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bureau Veritas, Covestro AG and Redcare Pharmacy NV, on Wednesday. HIGHLIGHTS * British Land BLND.L : Deutsche Bank raises to buy from hold * Bureau Veritas BVI.PA : JP Morgan cuts to neutral from overweight * Covestro AG 1COV.DE : Jefferies cuts to hold from buy * Redcare Pharmacy NV RDC.DE : HSBC raises t
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Barclays names top picks for European utilities, with focus on US exposure

BUZZ-Barclays names top picks for European utilities, with focus on US exposure ** Barclays remains positive on European utilities .SX6P which have rallied 12% so far in H2 2024, and adjusts its top picks to factor in "underappreciated" U.S. exposure ** It says the market is unjustly ignoring European utilities' large presence in the U.S., where data centres and AI drive sustained power demand growth ** Its top names for U.S.
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BMW, Kingfisher, Spectris

EUROPE RESEARCH ROUNDUP-BMW, Kingfisher, Spectris Sept 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Kingfisher and Spectris, on Wednesday. HIGHLIGHTS * BMW BMWG.DE : Citigroup raises to neutral from sell * Entain ENT.L : Berenberg raises target price to 1,030p from 1,020p * Kingfisher KGF.L : Citigroup raises target price to 301p from 292p * Spectris SXS.L : HSBC cuts to hold from buy * Whitbread WTB.L : Goldman Sachs cu
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Auction Technology, Compass, D'Ieteren Group

EUROPE RESEARCH ROUNDUP-Auction Technology, Compass, D'Ieteren Group Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Auction Technology, Compass Group and D'Ieteren Group on Tuesday. HIGHLIGHTS * Auction Technology Group Plc ATG.L : JP Morgan raises to overweight from neutral * Compass Group CPG.L : RBC cuts to sector perform from outperform * D'Ieteren Group SA IETB.BR : Jefferies cuts to hold from buy * Hermes HRMS.PA : Ex
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BMW, Legrand, Sodexo

EUROPE RESEARCH ROUNDUP- BMW, Legrand, Sodexo Sept 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including BMW, Legrand and Sodexo, on Wednesday. HIGHLIGHTS * BMW BMWG.DE : HSBC cuts target price to EUR 85 from EUR 109 * Kion Group AG KGX.DE : JP Morgan raises to overweight from neutral * Legrand LEGD.PA : JP Morgan raises to overweight from neutral * Phoenix PHNX.L : Peel Hunt cuts target price to 650p from 690p * Sodexo EXHO.PA : JP M
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EDP Prices 850 Mln Euro Subordinated Green Notes

BRIEF-EDP Prices 850 Mln Euro Subordinated Green Notes Sept 9 (Reuters) - Edp SA EDP.LS : PRICES €850 MILLION SUBORDINATED GREEN NOTES EARLY REDEMPTION OPTION EXERCISABLE BY EDP 6.5 YEARS AFTER THE ISSUE DATE, FINAL MATURITY DATE IN SEPT 2054 GREEN NOTE WITH YIELD OF 4.75% (ANNUAL COUPON OF 4.625%) NET PROCEEDS FROM THIS ISSUANCE WILL BE USED TO
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New England states move forward with three giant offshore wind farms

UPDATE 1-New England states move forward with three giant offshore wind farms Adds details about project ownership and state climate goals, paragraphs 3-7 NEW YORK, Sept 6 (Reuters) - Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday.
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EDP To Supply Clean Energy To Bloomberg

BRIEF-EDP To Supply Clean Energy To Bloomberg Sept 3 (Reuters) - Edp SA EDP.LS : TO SUPPLY CLEAN ENERGY TO BLOOMBERG SOLAR PROJECT IS FOR A TEN-YEAR CONTRACT Source text: https://tinyurl.com/t93s92t5 Further company coverage: EDP.LS (Gdansk Newsroom)
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Crest Nicholson, JDE Peet's, L'Oreal

EUROPE RESEARCH ROUNDUP-Crest Nicholson, JDE Peet's, L'Oreal Aug 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Crest Nicholson Holdings, JDE Peet's and L'Oreal, on Wednesday. HIGHLIGHTS * A.P. Moller-Maersk MAERSKb.CO : Deutsche Bank cuts PT to DKK 9217 from DKK 9283 * British American Tobacco Plc BATS.L : Barclays raises target price to 3100p from 2650p * Crest Nicholson Holdings Plc CRST.L : Peel Hunt cuts to hold from add *
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Portugal's ADC Approves Acquisition Of Exclusive Control Of Wind Farms After EDP Commitments

BRIEF-Portugal's ADC Approves Acquisition Of Exclusive Control Of Wind Farms After EDP Commitments Aug 2 (Reuters) - PORTUGUESE COMPETITION AUTHORITY (ADC): APPROVES ACQUISITION OF EXCLUSIVE CONTROL OF WIND FARMS, FOLLOWING EDP COMMITMENTS EDP COMMITTED TO MAXIMIZE ENERGY PRODUCTION AND NOT USE WIND FARMS STRATEGICALLY TO INFLUENCE SYSTEM SERVICES
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EDP Renovaveis To Sell 240 MW Wind Solar Portfolio In Poland To Orlen

BRIEF-EDP Renovaveis To Sell 240 MW Wind Solar Portfolio In Poland To Orlen Aug 2 (Reuters) - EDP Renovaveis SA EDPR.LS : SIGNS ASSET ROTATION DEAL FOR A 240 MW RENEWABLES PORTFOLIO IN POLAND SALE AND PURCHASE AGREEMENT WITH ORLEN WIND 3 ESTIMATED ENTERPRISE VALUE OF PLN 1.15 BILLION (AROUND €0.3 BILLION) Source text for Eikon: https://tinyurl.co
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EDP's first-half profit jumps 75% on capital gains in renewables, Brazil

EDP's first-half profit jumps 75% on capital gains in renewables, Brazil LISBON, July 30 (Reuters) - Portugal's largest utility EDP EDP.LS posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains in its renewables subsidiary and earnings from its Brazilian unit after a successful full takeover. EDP ​​'s consolidated net income rose to 762 million euros ($824 million) in the first half, above the average of 738 million euros expected by analysts in
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EDP Q2 Net Profit Up At 408 Mln Euros YoY

BRIEF-EDP Q2 Net Profit Up At 408 Mln Euros YoY July 30 (Reuters) - EDP SA EDP.LS : Q2 NET PROFIT 408 MILLION EUROS VERSUS 134 MILLION EUROS YEAR AGO Q2 EBITDA 1.35 BILLION EUROS VERSUS 1.04 BILLION EUROS YEAR AGO Q2 GROSS PROFIT 1.77 BILLION EUROS VERSUS 1.55 BILLION EUROS YEAR AGO RECURRING NET PROFIT 2024 GUIDANCE REITERATED Source text: https:/
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EDPR first-half profit more than doubles on capital gains

UPDATE 1-EDPR first-half profit more than doubles on capital gains Adds CEO quotes in paragraphs 7, 8 and 10 share price reaction By Sergio Goncalves LISBON, July 26 (Reuters) - The world's fourth-largest wind energy producer, EDP Renovaveis EDPR.LS , more than doubled first-half net profit on Friday thanks to capital gains from selling stakes in older assets and a rebound in electricity revenues.
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EDP ​​​​Renovaveis first-half profit more than doubles on capital gains

EDP ​​​​Renovaveis first-half profit more than doubles on capital gains LISBON, July 26 (Reuters) - The world's fourth-largest wind energy producer, EDP Renovaveis EDPR.LS , reported on Friday its first-half net profit beat forecasts and more than doubled thanks to strong capital gains and a recovery of electricity revenues. The company said it netted 210 million euros ($227.87 million) in the first half, compared to 80 million euros a year ago, while analysts polled by LSEG had expected
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EDP Secures PPA For 44 MW Solar Project In Japan

BRIEF-EDP Secures PPA For 44 MW Solar Project In Japan July 26 (Reuters) - EDP EDP.LS : SAID ON THURSDAY IT HAD SECURED PPA FOR 44 MW SOLAR PROJECT IN JAPAN 20-YEAR PPA SECURED THROUGH EDP RENOVAVEIS PPA SIGNED WITH A MAJOR TECHNOLOGICAL COMPANY PROJECT EXPECTED TO BE OPERATIONAL BY 2025 Source text: https://tinyurl.com/mwa844zn Further company cov
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B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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EDPR Secures Contract In U.S. For 200 MW Of Storage

BRIEF-EDPR Secures Contract In U.S. For 200 MW Of Storage July 24 (Reuters) - EDP EDP.LS : ON TUESDAY INFORMED ABOUT 24-YEAR CONTRACT SECURED IN U.S. FOR 200 MW OF STORAGE CAPACITY TOLLING AGREEMENT WITH SALT RIVER PROJECT FOR 200 MW (800 MWH) BATTERY ENERGY STORAGE SYSTEM IN ARIZONA CONTRACT SECURED BY EDP RENOVAVEIS THROUGH SUBSIDIARY EDP RENEWAB
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