Government Explains Entry Into REN and Rejects Social Security Reform without Elections.
6 Articles
6 Articles
"In addition to the foreign state shareholder, REN will now also have a second that, by now, is from the country of the national electricity grid," said the Minister of the Presidency, stressing that no country in Europe is outside the capital of the electricity grid, for reasons of sovereignty and energy security"
Luís Mira Amaral, former Minister of Industry and Energy, recalls that the government "has the knife and cheese in its hand" to do what it understands in REN through the concession contract.
Leitão Amaro justified his entry into the company as a matter of energy sovereignty and once again ruled out pension reform during this legislative session.
The operation, pending evaluation by the Court of Auditors, is justified for reasons of sovereignty and energy security, with the aim of increasing the electrification of the country.
The Minister for the Presidency explained that the acquisition of participation is relevant in listed companies normally negotiated bilaterally, on the basis of a rich history of the share and an associated influence that the participation confers it.
Ant nio Leit the Amaro does not reveal the value of the operation as long as the case is in the Court of Auditors. Minister says that it participates it has an inherent power and explains why a purchase of this size involves an additional value.
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