- It needs to raise a million euros before the end of the year. The energy consumption cooperative has denounced that payments have suddenly increased and receipts have been delayed over time. Having warned its almost 15,000 partners that the situation is serious and urgent, they have conveyed a message of tranquillity in which they say that the development of the cooperative remains good.
The cooperative plans to enter EUR 300,000 on 31 October and EUR 1 million on 31 December, according to the cooperative.
In a letter sent to all partners, he pointed out that the events of recent months have had a direct impact on treasury and have generated extraordinary imbalances in the short term.
To achieve this, three reasons have been underlined. First, the electricity price has risen in several months, from EUR 67/MWh in May to EUR 165/Mwh in September. Secondly, on the electricity market, guarantee mechanisms have been put in place to ensure that the energy to be used will be sufficient for its payment. Goiener pointed out that the increase in prices has led to an increase in liquidations and guarantees to be put into cash. Thirdly, the invoices of most of the partners have been applied since June 10% VAT on the orders of the Spanish Government, while the purchase has 21% VAT. GOIENER has asked Hacienda to refund the VAT, so the department has six months to make the translation.
The cooperative has declared that the situation is urgent and serious and has asked its partners to make voluntary contributions in excess of EUR 50.
It has also sent a message of tranquillity to its partners and partners. The cooperative considers that the profit and loss account for the year continues to be forecast and stresses that the liquidity situation is determined by the regulatory change and the economic situation of the market.