--Iberdrola SA is considering selling a 49% stake in a 1.2-gigawatt renewables portfolio in Spain, newspaper Expansion reports, citing unnamed sources.

--The Spanish energy company hired Barclays PLC to find an investor. The aim is to raise cash to accelerate the development of green projects, according to the news outlet.

--The wind-and-solar assets, mostly under development, are valued at around EUR500 million, Expansion says.

 

Full story in Spanish: https://bit.ly/3LG0R5v

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

September 26, 2022 04:26 ET (08:26 GMT)

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