MADRID/LISBON (Reuters) -A huge power outage brought parts of Spain and Portugal to a standstill on Monday, grounding planes, halting public transport, causing panic buying and leaving the two countries scrambling to restore power to millions of homes and businesses.

BARCELONA, Spain (AP) — A major power outage hit Spain and Portugal on Monday, including their capitals, knocking out subway networks, phone lines, traffic lights and ATM machines. It is rare to have such a widespread outage there. Spanish generator Red Eléctrica said it affected the Iberian peninsula and the incident is being assessed.

A massive power outage has knocked out electricity across parts of Spain and Portugal, shutting off traffic lights and causing chaos at airports, train stations and on the roads. Follow for live updates.