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Gas Natural Fenosa invests €85 million in its first power generation project in Brazil

November 2, 2016 07:29 PM | ACN

The Barcelona-based energy company Gas Natural Fenosa, through its subsidiary Global Power Generation (GPG), has signed an agreement to acquire a majority stake of 85% in two solar plants in Brazil from Gransolar Group. The operation will involve an investment of €85 million to implement their first power generation project in the Brazilian market. The production of these two facilities will be about 154 GWh a year. With this agreement, and the construction of a 91 MW plant in Australia announced last August, the holding company GPG Gas Natural Fenosa has already exceeded the target of energy production set for 2018 in its strategic plan.

Avoiding extreme climate change demands clean energy, but Catalonia has limited powers to act

August 4, 2015 06:31 PM | Kyle Brown

The Catalan Government was one of 14 regional executives to sign the 'Under 2 Memorandum of Understanding' in May 2015 as part of a pact to reduce CO2 emissions by 80-95% by 2050 among the signing territories. This goal is an effort to mitigate the worst effects of climate change coming from greenhouse gas emissions. In recent years, the Catalan Government has been working toward improving energy efficiency and developing a greater supply of renewable energy through various initiatives and action plans. However, the biggest changes necessary for Catalonia to adopt the renewable, low-emissions energy model it desires cannot be implemented by the Catalan Government, but would have to come from the Spanish Government instead. Overall, the biggest challenge facing the adoption of renewable energy is being able to produce it at prices competitive with conventional sources of power.

El Prat Airport to continue growth with record figures and new route between Barcelona and Sao Paulo

July 13, 2015 07:52 PM | ACN

LATAM Airlines Group will operate from El Prat Airport starting in October with a new route running between Barcelona and Sao Paulo through the TAM airline. Three weekly direct flights will be offered, in hopes of reaching 60,000 passengers a year. According to LATAM Airlines CEO, Rodrigo Contreras, the company chose Barcelona because they consider it "a strategic market in Europe," both for the growth of Catalan tourism in Brazil as well as for the Catalan capital as a tourist destination. In this sense, Contreras said Barcelona is the top Spanish destination chosen by Brazilian travellers and the fifth most popular in Europe for business trips and events. The addition of this flight is a continuation of an upward trend for El Prat, which recorded a 4.8% increase in passengers from January through June compared to the same period in 2014, including a 2.7% rise for the month of June.

Dani Alves to renew contract and remain at FC Barcelona until June 2017

June 9, 2015 03:37 PM

FC Barcelona has announced that Dani Alves has accepted its proposal for the renewal of his contract, which expires on June 30 of this year. The new settlement means the defender will remain at the Catalan club for a further two seasons, through to 30 June 2017, with the option of a third additional season. It all means that the Brazilian will be staying around for what will be his eighth season at the club. He joined from Sevilla in 2008 to form part of the new project under manager Pep Guardiola. The full-back has gone on to appear in 343 matches for Barça, more than any other foreigner in the history of the club. His 19 titles break down as follows 5 Ligas, 3 Champions Leagues, 3 Spanish Cups, 2 European Super Cups, 4 Spanish Super Cups and 2 Club World Cups.

Nestlé to invest €102 million to expand its Girona plant producing Nescafé

March 27, 2015 02:06 PM | ACN

The Swiss multinational will build a new factory for Nescafé in Girona, where it has already an important plant that exports its products to more than 70 countries. Nestlé will invest €102 million in the project and the new facilities should be operational by the end of 2017, explained the company's Director General for Spain, Laurent Dereux. It will become the most important plant in Europe and its third-biggest in the world in terms of soluble coffee production capacity. The new factory will be built next to the existing plant and will add 10,000 additional square metres to the compound, increasing its production capacity by 30%. It will replace the plant’s oldest production chain, which will not be dismantled as it could be useful in the medium term. The expansion will bring some 40 new jobs to the Catalan plant.

Abertis' telecommunications subsidiary to operate as Cellnex Telecom from 1 April

March 24, 2015 10:28 PM | ACN

Barcelona-based Abertis' telecommunications subsidiary, Abertis Telecom Terrestre, will operate as Cellnex Telecom, S.A. from 1 April, as approved by the company's Shareholder General Assembly on Tuesday. The new name and brand are part of the preparations for a potential stock market flotation, as announced last October in the context of Abertis' 2015-2017 Strategic Plan. However, neither the Catalan group's President Salvador Alemany, nor Vice President and CEO, Francisco Reynés, have set a precise date yet for its admission to trading, which will be announced during this year's first semester. The new company's slogan will be "driving telecom connectivity".

Barcelona-based Abertis to purchase 7,377 mobile phone towers in Italy for almost €700 million

March 2, 2015 09:21 PM | ACN

Barcelona-based Abertis, a multinational company specialised in the management of toll roads and telecommunications infrastructure, has reached an agreement to purchase 7,377 mobile phone towers in Italy at a total cost of €693 million. The Catalan group – which saw its net profits rise last year to €655 million – will acquire 90% of the shares of Galata, the subsidiary of the Italian operator Wind that owns the telephone towers. Abertis will thus strengthen its presence in the transalpine country and become the "largest European operator of telecommunications infrastructure for mobile telephony and audiovisual broadcasting", as the company announced through a press release.

FC Barcelona and its President are indicted for alleged fiscal fraud regarding Neymar’s signing

February 3, 2015 09:48 PM | ACN

Spain’s National Court, a Madrid-based high court in charge of investigating and ruling on transnational felonies, announced on Tuesday the indictment of FC Barcelona – as a legal person – and its President, Josep Maria Bartomeu, for alleged fiscal fraud regarding Neymar Jr’s transfer and signing for the Catalan club. The judge considers there to be enough evidence to suggest that the Catalan club and Bartomeu could have committed fiscal felony in the tax declarations for the signing of the Brazilian star. Bartomeu will have to testify with his lawyers before the Madrid-based judge on 13 February. FC Barcelona issued a press statement in which it expresses its “surprise, indignation and disagreement”. Furthermore the Catalan club announced that it shall act determinedly to defend its interests and honour.

Girona chemical company Roberlo buys British Chemfix

January 27, 2015 09:47 PM | ACN / Clàudia C. Salellas

The multinational company Roberlo, based in the Girona Province, has acquired the British enterprise Chemfix. Roberlo, which manufactures chemicals for the construction and automobile industries, expects to increase its profits by 30% this year with this transaction, reaching 65 million euros. 85% of the Catalan company’s turnover moves into foreign markets, so this purchase contributes to its internationalisation. The aim of the Girona-based company is to be one of the top three European producers which use chemical docking, an industrial technology.The business has two factories in Girona, one in Brazil, one in Russia and now, one in the UK. The Catalan group has ten subsidiaries and employs 400 people, 200 of which are located abroad.