Spanish Equities – Factors to Watch on January 25

Jan 25 (Reuters) – Spanish shares next could be hit by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper articles and cannot guarantee their accuracy:


Peruvian Prime Minister Mirtha Vasquez said on Monday the government was considering sanctioning a major local refinery owned by Spanish energy company Repsol (REP.MC) after an oil spill last week, and did not rule out suspending operations of the installation. Read more

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Elsewhere, Hibiscus Petroleum (HIBI.KL) announced on Tuesday that it had completed the acquisition of the entire stake in the unit of Repsol Fortuna International Petroleum Corporation.


The board of directors of ACS announced on Monday that it had agreed to reduce its share capital by buying back 10 million shares and a nominal amount of 5 million euros.

In addition, ACS also announced on Monday that it had reduced its share buyback program to 6.82% of its capital.


Soltec Power Holding announced on Tuesday that its subsidiary Soltec Energias Renovables has signed two contracts for the performance of construction services in two photovoltaic projects in Chile and Colombia with an installed capacity of 420 MW.


The company announced on Tuesday that it has signed a framework agreement with CPI Spain to build and develop residences for the elderly in Spain.


Spain’s Cell has refinanced a 2.5 billion euro loan from its banks, Spanish newspaper Cinco Dias reported on Tuesday.

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