Spain proposes higher grid investment cap through 2030
12/09/2025 09:39
MADRID, Sept 12 (Reuters) - The Spanish government plans to increase a cap set on how much companies can invest in power grids through 2030 and expects investments tied to the trunk network worth 13.59 billion euros ($15.94 billion), Energy Minister Sara Aagesen said on Friday. Under Spanish rules, the amount of money energy companies can pour into networks every year is limited to a small percentage of the country's gross domestic product, since consumers ultimately bear the cost with their bills. ($1 = 0.8526 euros) (Reporting by Pietro Lombardi, editing by Inti Landauro) ((Inti.Landauro@thomsonreuters.com;))