Colombia

Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.
Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.

BW Ideol secures up to €74mn for concrete floater plant in Fos-sur-Mer

The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
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NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.
TotalEnergies has signed a ten-year agreement with Data4 to supply its Spanish data centers with renewable electricity, with a total volume of 610 GWh starting from January 2026. The agreement relies on a 30 MW capacity.

CNAT requests a three-year extension for Almaraz I and II

Centrales Nucleares Almaraz-Trillo has officially requested the extension of operations for reactors Almaraz I and II until 2030, challenging the original timeline for the shutdown of Spain’s nuclear fleet.
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The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —
RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.

Repsol posts 34% profit drop over nine months despite UK operations

The Spanish oil group reported a net profit of €1.18bn over the first nine months of 2025, hit by unstable markets, falling oil prices and a merger that increased its debt.
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Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
With a 5.6% increase in net profit over nine months, Naturgy expects to exceed €2bn in 2025, while launching a takeover bid for 10% of its capital and engaging in Spain’s nuclear debate.

Iberdrola to pay €1.7bn interim dividend to shareholders in January

Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.
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Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.
Portugal’s Galp Energia reported an adjusted net profit of €407 million in Q3, driven by higher refining margins and strong contribution from liquefied natural gas.

Voltalia posts 31% growth driven by booming services segment

Voltalia's Q3 2025 revenue rises to €164.7mn, fuelled by a sharp increase in services activity, while energy sales decline due to currency effects and lower prices.
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LNG Energy Group finalised a court-approved reorganisation agreement in Colombia and settled a major debt through asset transfer, while continuing its operational and financial recovery plan.
Endesa, Iberdrola and Naturgy have officially requested the Spanish government to delay the closure of the Almaraz nuclear power plant, originally scheduled for 2028, reigniting the debate on nuclear power's role in the national energy mix.

Altano Energy raises €81mn to develop five hybrid projects in Andalusia

Altano Energy secured €81mn ($85.7mn) to construct two onshore wind farms and three photovoltaic plants in southern Spain, reinforcing its multi-technology generation strategy.
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Gran Tierra Energy has signed a crude oil sale agreement with a $200mn prepayment and amended its Colombian credit facility to improve financial flexibility.
Colombian company Ecopetrol has secured authorisation to borrow COP700 000 million ($171mn) from Banco Davivienda to bolster its liquidity over a five-year period.
Ecopetrol is developing a strategy to ensure the continuity of its offshore gas projects in the Caribbean following Shell's strategic withdrawal.
Mainstream Renewable Power sold its entire Colombian portfolio to Celsia, marking its exit from the country to focus operations on three strategic markets.

Low-carbon hydrogen: France acknowledges delay and lowers its 2035 targets

Paris scales back its hydrogen roadmap, reducing the target to 4.5 GW by 2030 and 8 GW by 2035 amid weak demand and technological delays.
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The European power purchase agreement (PPA) market for renewables reached 19 GW of new capacity in 2024, with growing momentum for hybrid contracts including storage.
In Lopera, an agricultural village in Andalusia, photovoltaic plant projects plan to expropriate olive-growing land, sparking opposition from residents over the potential uprooting of 100,000 olive trees.

Wind and solar reach 18% of Türkiye’s power mix in 2024

Wind and solar energy accounted for nearly one-fifth of Türkiye’s electricity generation in 2024, according to an analysis by think tank Ember, driven by a strong increase in installed capacity.
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The Acerez consortium has signed a 35-year agreement to build and operate over 240 km of high-voltage lines in Australia, marking the country's first public-private partnership in the sector.
ScottishPower Renewables awards HSM Offshore Energy the design and construction of the offshore substation and its foundation for the East Anglia TWO wind farm off the Suffolk coast.

Fessenheim: EDF faces scrutiny over nuclear recycling project

EDF's plan to build a facility for recycling low-level radioactive metals in Fessenheim is raising significant concerns over health, economics and regulation.
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MUFG and Nomura have provided $388M in financing to Greenalia for the construction of the Misae II solar park, marking the Spanish firm’s entry into the US market.
UK-based manager Schroders Greencoat acquires a minority stake in ten Repsol renewable assets in Spain, valued at €580mn, reinforcing its investment strategy in the European energy transition.

Brussels unlocks €600mn to accelerate cross-border energy projects

The European Commission is launching a large-scale call for projects to finance priority energy infrastructure between Member States and neighbouring countries, with a maximum budget of €600mn from the CEF Energy programme.
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Shell has finalised the acquisition of Pavilion Energy in Singapore, integrating a portfolio of 6.5 mtpa LNG contracts, regasification capacity, and bunkering activities.
Over 100 international organisations are urging a halt to offshore oil and gas exploration ahead of the United Nations Ocean Conference scheduled in June in Nice.

Urbaser wins €700mn contract for incinerator near Paris

Urbaser will operate the Étoile verte incinerator in Saint-Ouen-sur-Seine from January 2026 under a €700mn, twelve-year agreement signed with Syctom, the public operator for the Paris region.
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The European Court of Auditors warns of the urgency of massive investments in the Union’s ageing power grids, hampered by administrative delays and inadequate planning.
The United States has cancelled oil operation authorisations in Venezuela for foreign companies, disrupting exports and reinforcing the country's economic isolation following Nicolás Maduro's contested re-election.

Repsol seeks to maintain operations in Venezuela despite US licence revocation

Repsol’s Chief Executive said the company is exploring options with US authorities to remain active in Venezuela following Washington’s decision to end sanctions waivers.
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Czech company ENERGO-PRO becomes the largest Latin American investor with the acquisition of Brazil’s Baixo Iguaçu hydropower plant, marking a major milestone in its geographic diversification strategy.
The Spanish group transfers the majority of its operations in India and Sri Lanka to a consortium led by TPG, creating a new entity focused on onshore wind.