Thursday, February 27, 2014

Acciona Swings to Record $2.7 Billion Loss on Energy Reform - Wall Street Journal

#Energy








Acciona Swings to Record $2.7 Billion Loss on Energy Reform

Wall Street Journal

It fell to a record net loss of €1.97 billion ($2.70 billion) from a profit of €189 million in 2012. Acciona is among the Spanish renewable energy companies hardest hit by a sweeping electricity sector reform that will sharply lower government handouts ...

Acciona Reports Surprise $2.7 Billion Loss on Clean-Energy Cuts

UPDATE 1-Spain's Acciona sent to first loss by state energy reforms

Renewable energy developer Acciona posts $2.7 billion loss





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