Spain Says $31 Billion Power-System Debt Burden Must Be Shared

Spanish utilities, energy consumers and the government will need to share the 24 billion-euro ($31 billion) debt burden run up by the nation’s power system, according to Industry Minister Jose Manuel Soria.

“There has to be a distribution of the burden,” Soria said in a speech in Madrid. The debt can be covered by “power bills, utilities’ balance sheets or the public accounts.”