Madrid—A new Portuguese tax will cost the country’s three largest energy companies— Energias de Portugal, Galp Energia and Redes Energeticas Nacionais (REN)—a combined Eur110 million ($149 million) next year, the companies said Wednesday. The tax, announced by the government last week to raise Eur100 million from coal, hydro and large cogeneration power plants, has been widened to include oil and natural gas with the revenue target raised to Eur150 million.
展开▼
