22-07-2025
Spanish Outages Likely Cost Top Power User Repsol €170 Million
Spain's power outages probably cost oil producer Repsol SA about €170 million ($200 million) in losses at refineries and chemical plants last quarter, people familiar with the matter said.
A nationwide blackout in April led to an estimated loss of roughly €100 million at five refineries, and €40 million at three chemical plants, according to the people, who asked not to be named because the information isn't public. Smaller power failures probably cost about €30 million, they added.
