© Archyde.com/Sergio Perez
The Iberdrola logo in Madrid
MADRID, April 13 (Archyde.com) – Spanish power company Iberdrola is seeking buyers for a minority stake in its Wikinger offshore wind farm in the Baltic Sea off the coast of Germany, newspaper Expansion reported on Wednesday, citing sources. unidentified market.
Iberdrola wants to sell the stake to one or more financial investors in the project and has hired Santander bank as an adviser, according to the paper.
Iberdrola tried to sell a stake in the project two years ago, when it valued the Wikinger project at around 2.5 billion euros ($2.71 billion), Expansion said.
Iberdrola declined to comment and a Santander spokesman did not immediately respond to a request for comment.
(1 dollar = 0.9228 euros)
(Reporting by Inti Landauro; editing by Jason Neely, translated by Tomás Cobos)
