Deals
Iberdrola Weighs Sale of Stake in US Renewables Business
- Spanish power group seeks partner for green energy projects
- Iberdrola recently struck similar deals in Spain and Germany
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Iberdrola SA is weighing the sale of a stake in its US renewables operation, people familiar with the matter said, as part of plans to bring in new investors across its business.
The Spanish power company is considering seeking a financial partner for its existing green energy projects in the US and to help fund future initiatives, the people said, asking not to be identified discussing confidential information.