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Red Electrica to Analyze Portugal’s Sale of REN, Expansion Says

Red Electrica Corp. SA, operator of Spain’s power grid, will analyze the terms of the Portuguese government’s planned sale of its stake in REN-Redes Energeticas Nacionais SA, Expansion reported, citing Red Electrica Chairman Luis Atienza.

“We want to strengthen our strategic relationship,” Madrid-based Expansion quoted Atienza as saying. The company will “analyze” the terms of the Portuguese asset sale to see what role it can play, the newspaper reported.

To contact the reporter on this story: Emma Ross-Thomas in Madrid at erossthomas@bloomberg.net

To contact the editor responsible for this story: John Fraher at jfraher@bloomberg.net

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