Government grants Repsol 50-year concession for Aguayo plant after worker protests

The Spanish government will soon grant Repsol a 50-year concession extension for the Aguayo hydroelectric plant. This decision follows protests over a worker's dismissal. The extension aims to make Repsol's expansion project and investment in Cantabria viable. The government highlighted its role in securing 180 million euros from the European Commission for the 'Aguayo II' project. The union UGT-FICA is demanding the reinstatement of a dismissed worker and opposes further staff cuts, citing increased workload and the company's lack of negotiation.