Category: Lake County Fl Events

The 101st Lake County Fair went off smoothly, surpassing last year’s attendance and sales numbers despite flooding, trucks getting stuck in the mud, and having to redesign the midway layout days before opening.

“We are still tallying final numbers but we are already up about 5,000 more people from last year,” Fair Manager Stacey Wade explained.

“Even though we had to shift the carnival, we were able to re-group and I think we knocked it out of the park. I heard several people say they actually liked the new layout better.”

Sales at the FFA and 4-H livestock shows were also up, bringing in around $550,000 that will go toward future projects for kids

“Everything this year was up, up, up,” Wade said. “Even our art barn and kids art had a lot of really beautiful pieces turned in.”

The quality of entertainment provided at the fair each year is one reason Wade believes it continues to thrive.

“We always say ‘It’s about quality, not quantity,’” Wade said. “Our entertainment was top notch and we are catching the attention of other fairs across the country. So much so that they are asking where we found these entertainers.”

Many of the performers in the show are former theme park performers with decades of experience.

Fans of Sweeney Boys and Robinson’s Racing Pigs will be treated to their comedy routines and down-home country routines.

The Space Adventures Thrill Show, with its death-defying stunts and educational content, was a pleasant addition to the show.

Kardenni, a local magician, delighting audiences with his sleight-of-hand tricks, and Deep Fryd Funk rocked the kitchen with his beats.

The Lake County Fair won national awards last year, and Wade will compete again this year.

“I think we definitely have some award-worthy material,” Wade let out.

“Especially Deep Fryd Funk who worked with the food concessions and dressed up like a different one each night to promote the different fair food.”

Wade and her team continue working even though the gates have closed and the rides have moved on.

For the next four weeks, they will be analyzing livestock and art competition results and distributing award money, then they will turn attention to next year’s Lake County Fair.

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Up Up and Away Florida will take place on the SUN ‘n FUN campus from Friday, May 6 to Sunday, May 8, 2022. A 3-day festival will feature colorful balloon glows, launches in the morning and evening, rides on tethered balloons, vendors, helicopter rides, kids zones, entertaining shows, and fun for the whole family.

There are many benefits to admission tickets for a full day: you can come and go as you like – if you have kids’ sports, family fun, want to go to Mayfaire by the Lake for Mother’s Day brunch, or just take a break to run home in the middle of the day, you can do this.

Below you’ll find details about the Up Up and Away Florida ticket giveaway.

Here Are Some Things to Do at Up Up and Away Florida

Entertaining Shows

Each day, the park offers a variety of entertaining shows for guests of all ages.

  • In the Space Adventures Thrill Show, motorcycles are ridden, fire is thrown, and aerobatics are performed.
  • Squawk! Bird Show features interesting tricks, great talkers, and audience participation involving talented parrots that are full of personality.
  • Demonstrations of K-9 teams from local law enforcement agencies.
  • Car Show on Sunday

Check out the full event schedule on the website.

Hot Air Balloon Launches

Hot air balloon launches will take place between 7 am and 8:30 am Saturday and Sunday, as well as between 6 pm and 7 pm Friday, Saturday, and Sunday. During cooler hours of the day, before sunrise or before sunset, when winds are usually light, balloons launch. If you would like to observe balloon launches, please check the schedule.

Could Illinois Be the Next State to Ban Balloon Releases? | Chicago News | WTTW

You’ll need a calm, consistent wind for a safe flight so keep that in mind when planning a balloon launch or ride. Meanwhile, check out Up Up and Away Florida on Facebook and Instagram for live updates and announcements.

Balloon Night Glow

Bristol International Balloon Fiesta - What's On

In the dark night between 8:15 pm and 9:15 pm on Fridays, Saturdays, and Sundays, balloons will glow. Don’t miss this beautiful show and enjoy live music.

Live Music

Lakeland also hosts a weekend music festival called Up Up and Away! 10+ bands will perform throughout the 3-day festival, including the Rico Monaco Band, on Friday evening, Saturday, and Sunday. For more information, visit the festival’s website.

Tethered Balloon Rides

There will be tethered balloon rides available during the event. It is a great opportunity to see a hot air balloon launch, however, tethered balloons only go up 30-40 feet in the air, hovering for a few minutes, then return to earth. Each morning from 7:30 am to 9:30 am and evening from 6 pm to 9 pm, tethered balloon rides are available — subject to wind and weather conditions. The cost is $20 per person, cash payable on site.

Kids Zone + Inflatables

There will be a Kids Zone with inflatables and games for children at the event. There will also be a mobile axe throwing booth.

Food + Drinks

At Up Up and Away, a variety of food vendors serve breakfast, lunch, and dinner. Adults should check out the schedule of wine tastings at the Barone Fini wine garden. Mothers can enjoy 2 for 1 mimosa from 7 a.m. to 11 a.m. on Sundays.

Free Admission to the Florida Air Museum

Florida Air Museum Lakeland Florida — AVIATION HISTORY MUSEUMS

On the SUN ‘n FUN Campus, you will find Florida’s Official Aviation Museum, the Florida Air Museum. In addition to the Florida Air Museum being open year-round, work has now been completed on the Ramus SkyLab Innovation Center.

The exhibit displays a variety of aviation’s best examples including unique designs, old classics, ultralights, antiques, and warbirds. Discover the Discovery Zone, featuring STEM games and activities for kids. Free admission to the Florida Air Museum is included with your event wristband.

Hot Air Balloon Rides

You can book a hot air balloon trip over Lakeland. A waiver is required for all balloon rides with the participating FAA Commercial Hot Air Balloon Pilots participating at the festival. A balloon ride costs $250 per person – Only Cash. Balloon rides will be available on May 7 and 8.  Go to the Up Up and Away Website for more information about hot air balloon rides.

Camping

Enjoy Up Up and Away on the grounds of SUN ‘n FUN over the weekend. RV and Tent Camping is open from May 1 – 9. For more information about camping options and rates, visit the website. Camping fees do not include admission to the event.

The Things You Need to Know Before Attending the Lakeland Hot Air Balloon Festival

Tickets for Up Up and Away Florida

  • Admission to the festival is $22 if purchased in advance / $30 at the gate (daily).
  • Admission to kids 6 and under is free
  • The best deal is the Family Pass (available only in advance online) for $60 for 4 one-day admission passes.
  • Free parking is available.

When you buy your tickets in advance, you’ll save time and money, plus you’ll skip the lines when you arrive and enter the event right away. Additionally, your event wristband will allow you to leave and reenter the event on the day of the event.

Up Up and Away Florida Hours

  • Friday, May 6, 2022: 3pm – 9:15pm
  • Saturday, May 7, 2022: 7 am – 9:15 pm
  • Sunday, May 8, 2022: 7 am – 9:15 pm
  • Parking Gates open 60 minutes prior to the festival opening
  • The balloon launch window is 7 am – 8:30 am on both Saturday & Sunday! Arrive early to see this amazing event.

Venue

At the SUN ‘n FUN Campus, located at 4175 Medulla Road, Lakeland, FL 33811, the event will take place. Do follow parking signs.

On-Site Shuttles + Mobility Options

Guests will be transported inside the event by complimentary golf carts and passenger trams. Wheelchairs and electric scooters will also be available for hire.

Tips for Staying Safe While at Up Up and Away

  • Keep an eye on your children while walking. As balloonists inflate their balloons, and one gets delighted to watch, personal items can easily get damaged or lost.
  • You should take the same precautions you would at a theme park or event with a large crowd. You should take a photo of your kids so that you can identify what they were wearing in case you get separated from them and need to alert security. Let your older kids know how to reach your cell phone e.g. by memorizing your number. You can write your number on your child’s body or pin it inside their shorts for younger kids.

Things to Take With You

  • CASH
  • Stroller or Wagon
  • Sunglasses & Sunscreen
  • Backpack
  • Chairs and blankets
  • Portable phone charger
  • Earplugs or noise-canceling headphones
  • Ponchos

Not Allowed Inside Festival

  • Coolers, outside food, or drinks
  • Bicycles, hoverboards, skates, strap on skate shoes, golf carts, skateboards, kids scooters, and similar items
  • Pets other than service animals
  • Pop Up Tents
  • Drones
  • Firearms, fireworks, and explosives
  • No Smoking

Check out the Up Up and Away Website for a complete list of FAQs.

Weather-dependent Balloon liftoffs- Rain or Shine

You are advised to dress appropriately for the weather. The weather can affect the launch and ride of balloons. No refunds will be given. There will be no refunds for admission tickets or camping fees if the balloons cannot launch due to bad weather.

In the event that the winds do not cooperate, there will still be music, entertainment, kids’ activities, food, and drinks. Furthermore, you can come in and out during the day, so if there are bad winds in the morning, you can come back for the evening launch time.

Win Giveaways in Ticket – Enter to Win!

You can enter to win 4 tickets to Up Up and Away Florida from May 6 – 8, 2022 by providing your name and email below. Each ticket is valid for a 1-day admission for ages 7+. Entrance is free for children under 7.

Entries are due by 10 a.m. on Monday, May 2. Winners will be notified by email or text. See full contest rules below.

GIVEAWAY RULES:

If you enter this giveaway, you agree to the terms and conditions of Lakeland Mom.

  • Except where the above information states otherwise, tickets are valid for the specified event, date, and time only.
  • This event is not under the control of Lakeland Mom other than ticket distribution. Participation in the event is at the participant’s own risk.
  • To enter this giveaway, you must be 18 years of age or older and live in Central Florida.
  • Your email address must be valid to enter the giveaway.
  • You can only enter once.
  • The winners will be selected randomly from all entries.
  • As soon as the winners are selected, they will be contacted either by email or via Facebook. Each winner have [2] days (48 hours) to respond. Photo ID and/or mailing address may be requested.
  • You will be subscribed to Lakeland Mom’s weekly newsletter by entering this giveaway.

Lakeland, Florida, will be hosting the Up Up and Away Festival of Hot Air Balloons. Don’t miss it!

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Police have identified a man who was killed in a car crash on Highway 23 last month. Authorities, however, are still seeking more information about the deadly crash that also sent one person to a hospital.

Police Looking For Additional Information

A search continues for a witness or witnesses who may have information on the crash, which occurred near County Highway W. on Sept. 29 around 3:20 p.m. According to the Green Lake County Sheriff’s Office, a westbound black Jeep SUV crossed the center line and struck an eastbound white ford SUV head-on, Ripon Press reported.

Victims Identified

According to a crash report, the driver of the white SUV was identified as Appleton resident Steven Scott La Tour, 51. He was pronounced dead at the scene.
Image Credit: quoteinspector.com

Jessica Knueppel, 43, of Fon du Lac was the driver of the Jeep SUV. She was brought to ThedaCare Berlin for treatment.

According to the crash report, Kneuppel looked like she was under the influence of medications, drugs, or alcohol. She was tested to see if her blood contains drugs or alcohol and authorities are still waiting for the results.

Another Crash Happened The Same Day

A press release from Green Lake County Crime Stoppers stated that just 10 minutes earlier on the same day, another crash transpired which involved a red or maroon SUV.

The driver of the red or maroon SUV apparently left his car to check damages but eventually fled the scene, the report said.

Ripon Press quoted Green Lake County Chief Deputy Matthew Vande Kolk saying, “We are attempting to identify the occupants of the red or maroon SUV as we believe they may have information pertaining to the fatal traffic crash investigation.”

Any person who has any information regarding the fatal crash can contact 920-294-4134 Ext. 1151 to speak to a detective or send an email scody@co.green-lake.wi.us.

Tipsters may also receive a cash reward for any information that can lead to any eyewitnesses.

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A fundraising program has been launched after a family lost their father to a car crash. His two stepsons were critically injured in the same accident in Beach Park Friday evening.

Justin Moland, the coach of the Waukegan Panthers youth baseball team, said in a GoFundMe fundraiser that his players, Giovanny Rodriguez, his brother Alejandro and their stepfather, Jose Hernandez, were involved in the fatal car accident, reported ABC 7 Chicago.

Both Giovanny and Hernandez were a part of the team’s summer league championship season, Moland said. Alejandro played for Waukegan Savages age division team.

The car crash happened around 6:45 p.m. Friday on Green Bay Road north of Wadsworth Road in Beach Park.

The Lake County Sheriff’s Office and Beach Park Fire Department were quick to react to the incident and found a crash involving four vehicles.

As per the preliminary investigation report, a 2017 Jeep Patriot, driven by a 50-year-old woman, tried to pass a truck, and then it hit a tractor and the jeep drove northbound in the lanes of Green Bay Road.

The jeep then crashed into a southbound 2014 Kia Soul, driven by Hernandez, 49, reported Lake & Mchenry County Scanner.

Hernandez was rushed to Vista Medical Center East in an ambulance in Waukegan where the medical examiner announced him dead.

Giovanny, Alejandro Critical

Giovanny and Alejandro suffered critical injuries, and are currently under observation. Moland said that Giovanny is currently in critical condition. He has broken bones and a head injury. Alejandro, on the other hand, suffered a severe concussion and other serious injuries.

The mother, Jackie, is devastated after the accident and loss of her husband, according to Moland.

He called Hernandez a “genuinely good person” who was always “willing to lend a helping hand and have a good time.”

Talking about Giovanny and Alejandro, he said that they are kind-hearted young men who light up a room with their smiles and attitude.

“The Waukegan Panthers team has been deeply affected by this tragedy,” Moland added.

The illegally passing Jeep also crashed into a Ford Explorer that was traveling southbound directly behind Hernandez’s Kia. The driver of the Ford, a 58-year-old woman, and a passenger, a 24-year-old man, were taken to Vista Medical Center East with minor injuries, police said.

The accident is currently being investigated by the Lake County Sheriff’s Technical Crash Investigations Unit.

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In a bizarre incident, a Florida sheriff has made a public declaration in search of a legal owner of high-grade marijuana weighing 770- pounds, which has a street value of two million dollars, and have it returned.

The Brevard County Sheriff’s Office took to its official Facebook page Thursday to make the eccentric announcement.

“If you happened to have lost or misplaced approximately 770 pounds of high-grade marijuana and would like to have your property returned, please contact our Narcotics Agents and we will be more than happy to reunite you with your lost property!!” Sheriff Wayne Ivey wrote in the Facebook post.

The post came after the Brevard Sherrif’s Office Narcotics Agents seized 770-pounds of marijuana from a storage facility in Viera.

Seized marijuana
Seized marijuana. Credit: Facebook/Brevard County Sheriff’s Office 

In the unusual announcement, the Sheriff’s Office urged the person who owns the misplaced marijuana to step up and claim his property from the Criminal Investigative Services building on Gus Hipp Blvd in Rockledge. The Office also said that they would happily return the drugs and keep the marijuana in a safe place to return it undamaged.

Claim Your Property With No Strings Attached: Police To Owner

“So if the 770 lbs of marijuana belongs to you, all we need you to do is come down to our Criminal Investigative Services building on Gus Hipp Blvd in Rockledge and claim your property with absolutely no strings attached!! Once we properly identify you as the rightful owner we will gladly return your property and also make sure that both you and your property are kept in a secure area so that no one can try to rip you off!!,” Sheriff Wayne Ivey further wrote in the post.

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Reginald Perry Jr., a 19-year-old man accused of murdering a 21-year-old pregnant woman who was found dead in a Florida park late last month, handed himself over to the police. The woman was two weeks away from her due date.

Perry Jr. was arrested last Thursday for fatally shooting Felicia Jones and her unborn child, the Jacksonville Sheriff’s Office announced in a statement posted to Facebook.

Suspect Hands Himself Over To Police

Perry Jr. turned in front of police after an arrest warrant was issued against him following his identification by the detectives as a possible suspect in the murder case. He is charged with two counts of murder, police said in the statement cited by People.com on Wednesday.

Jones’ body was found by a passerby in Jacksonville’s Riverview Park near a dock in the early morning of Sept. 25, authorities say. The person dialed 911 and officials responding to the call pronounced the woman dead. Later, an autopsy was conducted and it was determined that the young woman had been fatally shot and was pregnant when she died.

The deceased woman’s mother claimed that Perry Jr. was the father of her daughter’s unborn child. However, it is still unknown whether the accused filed any counter plea against the claim.

Crime scene
Representational image of a crime scene. Credit: www.pixabay.com

Victim’s Family Set Up GoFundMe Page

A GoFundMe page created by Jones’ family states that the young woman died just two weeks before her due date. She had even named her unborn son Ma’kailand.

“Our family took a major loss we lost my niece and nephew,” Jones’s family wrote on the page. “This is an unexpected tragedy for our family and can’t believe we lost Felicia and her unborn child.”

Meanwhile, the Federal Bureau of Investigation, in its Uniform Crime Report released late September revealed a nearly 30% increase in murders in 2020, the largest single-year jump since the bureau began recording crime statistics six decades ago.

According to the agency, the surge in killings led to an overall 5% increase in violent crime last year. Though the reported annual increase was concerning, the total number of homicides in 2020 – 21,570 – did not surpass some stunning totals in the early 1990s, including the nearly 25,000 murders recorded in 1991.

 

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The Illinois Department of Corrections (IDC) is likely to release four inmates lodged in a Lake County jail in the coming weekend of Oct. 9.

Dionette T. Adams is the longest-term serving inmate who is being released. Adams was sentenced to the longest term for his dealings with about 15 grams of heroin manufacturing and delivery. He was behind bars for more than three years, Lake County Gazette reported.

According to The Institute for Illinois’ Fiscal Sustainability, around $37,000 is expended by Illinois a year as lock-up costs for one imprisoned person. In a study by Prison Policy Initiative,” Illinois’ incarceration rate was at 564 per 100,000, higher than every industrialized country, except the United States. When compared with its surrounding states, Illinois was the lowest. Kentucky and Missouri have rates over 850 per 100,000.”

However, a matter of concern is over the conduct of pretrial detainees. Pretrial detainees account for 71% of the total jail population, the Vera Institute of Justice reported.

Most prison inmates are released on some condition of supervised monitoring upon re-entering civilian life. This supervision may continue till the end of life or for a certain period of time.

The inmates who are being released from Lake County imprisonment are:

  • Joseph D. Page for burglary in 2021-10-04 from Western Illinois Correctional Center
  • John A. Redmond for child pornography in 2021-10-04 from Vienna Correctional Center
  • Dionette T. Adams for manufacturing or delivery of 10-15 grams of heroin in 2021-10-08from Sheridan Correctional Center
  • Kendall M. Roach for aggravated DUI causing great bodily harm in 2021-10-09 from Vandalia Correctional Center

Meanwhile, a study conducted by experts with Northwestern University and the World Bank earlier this month found that jails across the United States were “infectious disease incubators”, and encouraged alternatives for incarceration during the pandemic.

After studying data from 1,605 counties, the researchers linked an 80% reduction in the U.S. jail population to a 2% decline in the growth rate of daily coronavirus cases.

In a bid to slow down COVID-19 spread, prison reform groups have called for reducing the prison population for minor crimes. The Prison Policy Initiative, a nonprofit, says incarcerated people have died at a rate unparalleled in the general public. Another group found more than 500,000 COVID cases in American prisons over a 15-month period.

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Sauk County: Authorities charged Trevor L. Kelley with alleged selling of heroin in Lake Delton and the man now faces more than 12 years imprisonment. Kelley is additionally fined up to $25,000 for allegedly selling heroin to a police informant.

Kelley, 27, was charged in Sauk County Circuit Court with felony manufacture. He is said to have apparently sold up to 3 grams of heroin as a repeater.

As per the criminal complaint, Kelly encountered an unnamed informant in May 2020 near McDonald’s in Lake Delton. A plan was pulled together by the police by forming an alliance between Det. Joseph Kellogg of the Sauk County Sheriff’s Office and members of the Sauk County Drug Task Force – allowing the informant to buy $150 in illegal drugs. The team wore a recording device during the stint.

The informant met Kelley in a vehicle and have said to have arranged the meeting with the drug peddler over the phone.

The informant, who left the car after speaking to Kelley, carried a pouch weighing 1 gram with him. The pouch had a brownish, grainy substance, which was later identified as heroin. The officers had however searched the informant before the meeting.

Kelley’s initial appearance is scheduled in court on October 20.

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Alibaba remains firm in its commitment to autonomous driving. The Chinese e-commerce giant has set its sights this time on a company called DeepRoute.ai, currently dedicated to robotaxis but with aspirations to enter the world of urban logistics. In this way, the company founded by Jack Ma has led an investment of 300 million dollars together with the company Jeneration Capital Management and the car manufacturer Geely.

The CEO of DeepRoute.ai has stated that “much of the money will be invested to develop the technology, and the rest to expand the fleet” of its robotaxis, which currently operates with 70 with the goal of expanding it between 150 and 160. He also confirmed that its long-term strategy includes the development of autonomous city delivery trucks with a medium load capacity.

This new project underscores Alibaba’s ambition to establish itself in this type of Chinese tech sector, as it did previously with self-driving company AutoX, which focuses on robotaxis; and the manufacturer of electric vehicles, XPeng, one of Tesla’s great rivals along with Nio or Lucid Motors.

In addition to this, Alibaba also intends to manufacture autonomous delivery trucks with its logistics subsidiary Cainiao. All of this comes as automakers and tech companies are pouring billions into autonomous driving, aiming to take the lead in what many see as the future of mobility.

Lucid, the new Tesla?
On the other hand, Bank of America analyst John Murphy indicated that Lucid Motors, a company dedicated to the manufacture of electric vehicles, could represent a threat to other emerging companies such as Tesla . For Murphy, Lucid has many of the ingredients necessary for success, including its “innovative technology, compelling product, compelling brand, and impressive management.”

One of the differentiating aspects of Lucid is its autonomy, a key concept for buyers, given the difficulties with the charging infrastructure in most countries, and even in the United States. In particular, the limited edition Air Dream Edition can reach 830 kilometers on a full charge, which would surpass the Tesla Model S by almost 200 kilometers, which for years has dominated this section.

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The large investment bank is already putting figures on the impact on the benefits of Spanish electricity companies from the shock plan to lower the price of electricity approved this Tuesday by the Government . JP Morgan and Morgan Stanley calculate a reduction in ebitda (gross profit) of around 5% for Iberdrola in 2021 and 2022 and of around 12% for Endesa.

The estimate distributed by the JP Morgan investment firm to its clients and to which the Economist has had access points to an impact on earnings of 1,100 million for Iberdrola between the remainder of the year and the first quarter of 2022 and of 1,000 million for Endesa in the same periods.

These figures represent a reduction of about 5% in Iberdrola’s ebitda for each year compared to the estimate prior to knowing the Government’s measures from the consensus of analysts gathered by Bloomberg, which reached 11,109 million for 2021 and 12,022 for 2022, in in line with the objectives of the company’s own strategic plan, from which it would now move away.

In the case of Endesa, the 1,000 million impact defended by JP Morgan experts represent a reduction of around 12.5% of the gross profit for each year, which previous expectations rose to 3,972 million euros in 2021 and at 4,009 million in 2022, slightly above the company’s goal of 4,000 million, which would also become obsolete.

For its part, in another report published this Tuesday, Morgan Stanley reduces the impact on Endesa’s ebitda to 6% in the next two years ; and in Iberdrola’s gross earnings, it leaves it at 3% for these same years.

Both the latter investment bank and JP Morgan anticipate a much lighter blow for Naturgy, whose market share in power generation in Spain is lower than its competitors, 10%, compared to 24% for Iberdrola and 19% of Endesa.

Beyond the numbers, the Citi team of experts issues a warning in another sense: “The measures of the Spanish Government to limit the increase in the electricity bill may structurally deteriorate the confidence of investors in the electricity sector.” “The blow is greater than the market expected,” they influence JP Morgan.

The ‘electric shock’ to the Ibex
Endesa shares have fallen by about 11% since Monday, while Iberdrola shares have lost 7.4%. From the highs of the year on the stock market for each of these companies, the decline is 18% and 21%, respectively.

This electrical discharge for the Ibex 35 “does not alter its technical situation beyond continuing with the weakness that the loss of supports such as 8,725 / 8,800 points warned last week,” says Joan Cabrero, an analyst at Ecotrader. In order for there to be any notable change in the consolidative situation of the European stock markets, he explains, the EuroStoxx 50 should lose key supports that it finds at 4,080 points . “As long as the current consolidation is not lost, it will not become a downward correction with the potential threat of seeing falls towards 3,800 / 3,900 points,” he clarifies.

Losses of 7,490 million
In the last two sessions of the stock market, Endesa, Iberdrola and Naturgy recorded losses in market capitalization valued at 7,490 euros .

The punishment of investors was especially harsh for Endesa, since in just 48 hours it left 2,435 million euros , more than 11% of its value. Its current capitalization, at the close of the session, is 20,550 million euros, which represents a loss of 5,0801 million since its highs for the year.

Iberdrola, the largest company in the sector, left 4,832 million euros in the last two days , 7.4% of its capitalization. Thus, it has lost 19,956 million since January 8, the day it reached its record levels. The lower punishment to Naturgy, which only left 223 million euros in this period, means that the former Gas Natural surpasses Endesa as the second listed company in the Spanish electricity sector.

However, the reviews of the recommendations that investment banks give to the main electricity companies still do not show any change. The analysis houses are waiting for formal details on the new measures . This is clarified by the Bank of America experts who, generally speaking, believe that “the impact is not as bad as it might have seemed when the first headlines were published first thing in the morning.”

Mediobanca analysts also pointed to the need to delve into the details, although the package of measures announced by the Government “is clearly negative for Endesa and Enel [the parent]”, as well as for Iberdrola and Naturgy, whose securities continue to receive advice. to keep in portfolio.

Barclays also see a particularly negative reaction in Endesa’s share prices. Meanwhile, Santander, despite advising to wait for things to calm down to enter the electricity companies, at current levels gives the firm Jose Bogas a clear buy recommendation.

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