Have Endessa gone bust?
 

Heard yesterday that Endessa have gone bankrupt and that their shops are closing down.

Anyone confirm or deny this?

Re: Have Endessa gone bust?
 

Can't believe it but wouldn't it be great if it were true:thumbsup::thumbsup:

Re: Have Endessa gone bust?
 

I would think they are too big to go bust:blink:

Re: Have Endessa gone bust?
 

Unlikely as they are Spain's biggest energy company and it's owned by an even bigger Italian company.

Re: Have Endessa gone bust?
 

In addition to the billions they make on their high-priced electricity, they profit another billion or so by blatantly overcharging their customers for it, So no, I doubt they're bankrupt... in fact, they're likely swimming in cash.

But then again, maybe they've squandered all those billions away somewhere so that they can claim bankruptcy and get a bailout of a few more billion... I wouldn't put it past them.

Re: Have Endessa gone bust?
 

Thanks for the info.
I shall pass it on to my source.