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Monday is here!
Hello, Curse and Coffee friends,
Today, we explore Spain powering up Europe.
Hit reply and let us know what you think (we read all of your kind words).
Coffee at the ready…
The Big Sip
The take: Musk pitched solar Spain at Davos to the guy whose fund already owns the companies that would build it.
What happened: At the World Economic Forum, Elon Musk told BlackRock CEO Larry Fink that Spain's depopulated regions could power all of Europe with solar, just needs political will, apparently.
Why it matters: BlackRock owns 5.4% of Iberdrola plus chunks of Enel, Acciona, Naturgy, and Repsol. These are literally the firms that deploy renewables in Spain.
What to watch: Spain's government already called it "extravagant"—code for "we're not turning into a solar colony for American capital, cheers.”
Musk is building 100 GW/year solar capacity. Fink finances projects. Spain provides land and sunshine. Two of them get paid, one gets panels.
Sponsor Break
Before we slurp into today’s brew…
Here are some wordies from today’s sponsor.
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