Iberdrola Weighs Sale of $1.8 Billion Stake in U.S. Renewables Portfolio, Bloomberg Reports
Provided by
Dow Jones
-- Iberdrola is considering the sale of a stake in a portfolio of U.S. renewable-energy assets, with 700 megawatts in projects under construction, Bloomberg reports, citing unnamed sources.
-- The Spanish energy company estimates it can raise between $1.6 billion and $1.8 billion through the sale, according to Bloomberg.
-- The company will formally launch the process in July with the aim to complete a sale by the end of the year, Bloomberg reports.
-- The company didn't immediately respond to a request for comment.
Full story: https://bloom.bg/3yx3dB5
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
May 23, 2024 11:14 ET (15:14 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Six Sports Betting and iGaming Stocks Trading at a Discount
-
4 Predictions for Stocks and the Economy for the Second Half of 2024
-
What Broadening Rally? AI Stocks Dominate Again In Q2
-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
Q2 In Review and Q3 2024 Market Outlook
-
5 Stocks to Buy for 3Q 2024
-
Industrials: Sector Offers Investment Opportunities as Performance Lags Broader Market
-
Consumer Defensives: Even Amid Macro Pressures, Deals Permeate the Landscape
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities
-
Healthcare: Valuations Look Attractive In Most Industries
-
Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services
-
Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations