Utility company Endesa and authorities to pay off €38.7 M in debt

Over 35,000 households will benefit from measure

A heater and a blanket symbolizing energy poverty (Courtesy of Red Cross)
A heater and a blanket symbolizing energy poverty (Courtesy of Red Cross) / ACN

ACN | Barcelona

March 29, 2021 03:41 PM

The Catalan government, local authorities, and utility company Endesa will be paying off €38.7 million euros in debt accrued over the past six years in a move that is set to benefit 35,518 impoverished households.

Endesa has agreed to cover €17.5 million euros in unpaid bills between 2015 and 2018 as well as half of the €21.3 million for 2019 and 2020.

The Catalan government, on the other hand, will pay off 75% of the remaining €10.6 million, while local authorities will settle the remaining 25% as part of the measure stemming from the 2015 energy poverty law.