Renewables Deal: TotalEnergies is buying Shell’s European onshore wind and solar business (about 500MW operating/under construction plus a 3.5GW pipeline across Italy, UK and Spain) while selling a 50% stake in a 1.2GW portfolio to KKR for €1.8bn, reshaping power portfolios and capital recycling. Banking & Markets: BBVA will acquire Société Générale’s 50% stake in Altura Markets, making it sole owner of the Spain/Portugal futures and options broker and strengthening BBVA’s execution and clearing platform. Energy Storage: EDP starts testing a 36MW/72MWh battery at its Las Lomillas hybrid wind-solar-storage site in Cuenca, aiming for commercial operation and better grid use. EU Migration & Border Politics: The Ceuta surge fallout keeps escalating as EU leaders debate support and border management; Spain’s PM faces fresh criticism after the deadly rush and the EU’s divided response. Wildfires & Public Aid: Today’s BOE publishes wildfire-related municipal and road recovery subsidies plus new employment/training support for young foreigners and updates for Ceuta classrooms. EV Competition: Europe’s EV market is seeing record share gains for Chinese brands as Tesla and Chinese giants intensify price and expansion battles. Aviation & Tourism: Copenhagen Airport reported 3.4m+ passengers in July (+3.6% y/y), with Spain and Italy leading demand. Business Travel Demand: WTTC forecasts travel and tourism to keep outgrowing the wider economy in Europe, with Spain expected to grow 3.7% in 2026.