Major power cut reported across Spain and Portugal

A major power cut hit Spain and Portugal on Monday, including their capitals, knocking out subway networks, phone lines, traffic lights and ATM machines (Armando Franca/AP)

A major power cut hit Spain and Portugal on Monday, including their capitals, knocking out subway networks, phone lines, traffic lights and ATM machines.

Spanish generator Red Electrica said the incident had affected the Iberian peninsula and is being assessed.