Imaz accuses the CNMC of “turning on the fan” in the blame game over the blackout
The CEO of Repsol, Josu Jon Imaz, has accused the market and competition regulator, CNMC, of “not doing its job” when it comes to identifying those responsible for the blackout that Spain suffered on April 28, 2025. “The regulator has chosen to spread confusion and open investigations into all companies for situations that are not even related to what happened with the blackout, and the only thing that has done is create confusion,” he said during the conference with analysts that the executive held this Thursday to present the company’s first-quarter results.