Iberdrola to Separate Renewable Assets Amid Restructuring Measures --Europa Press
November 28 2017 - 03:31AM
Dow Jones News
--Iberdrola SA (IBE.MC) will separate its renewable-energy
assets from its thermal assets in light of restructuring measures,
Europa Press reports.
--Iberdrola will create a new company called Iberdrola
Generacion Termica, Europa Press cited a Spanish government
publication as saying, the objective of which will be to encompass
all non-renewable assets, including nuclear and carbon.
--On the other hand, a new structure within Iberdrola will
encompass all of the company's renewable assets, including wind and
hydropower, Europa Press reports.
Full story in Spanish: http://bit.ly/2Agwmyc
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
November 28, 2017 03:16 ET (08:16 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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