Abu Dhabi’s Masdar Weighs Stake in Iberdrola US Renewable Assets
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Abu Dhabi’s Masdar is exploring the possibility of taking a stake in renewable-energy assets owned by Iberdrola SA in the US, according to people familiar with the matter.
Masdar is interested in buying a share of existing Iberdrola onshore clean-energy assets, said the people, who asked not to be named because the talks aren’t public. Deliberations by the UAE renewables company are at an early stage and it’s possible no deal happens, they said.