My Thoughts

 

 

 Spain's Iberdrola Mulls Sale of US Renewables Stake, Say Sources

 

Spanish energy company, Iberdrola, is reportedly considering selling a stake in its US renewables portfolio. Sources claim that the move, which could take place in 2023, is part of Iberdrola's strategy to raise funds and focus on other markets. The company has been investing heavily in renewable energy, particularly in the US, and has a significant presence in the country's wind and solar sectors. This potential stake sale indicates a shift in Iberdrola's priorities as it aims to diversify its portfolio and seek new opportunities globally.

 

 

It is interesting to see Iberdrola's decision to potentially sell its US renewables stake, considering the company's significant investments and successes in the country's renewable energy sector. This move could signify a strategic shift for Iberdrola as it seeks to explore new markets and opportunities globally. It will be important to monitor how this decision impacts Iberdrola's overall business strategy and whether it leads to further expansion and growth in other regions.