Spanish minister says private power firms slow to share information in blackout probe
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2025
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Source: Reuters
Investigation into Blackout: Spain's Energy Minister Sara Aagesen is urging private electricity companies to expedite the sharing of information regarding the causes of a significant blackout that affected 60 million people in Spain and Portugal over a month ago, as investigations continue with various probes underway.
Conflicting Statements: While utility lobby Aelec claims that companies are cooperating fully with the investigation, there are conflicting views on the reasons behind the blackout, including potential issues with conventional power plants and excessive voltage on the grid.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
