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Spain’s Green Boom Hands Utilities Top Spot in Stock Benchmark

Spain’s bets on renewable energy are paying off for the country’s utilities, which have now overtaken banks as the biggest sector on the country’s equity benchmark. Utilities comprise 25% of the IBEX 35 Index, up from 19% at the end of last year, while the weighting of the financial sector has fallen to 22% from […]

Norway sovereign wealth fund buys first renewable energy stake