Deals
Oaktree Is Said to Mull Sale of Spanish Renewable Firm Eolia
- Wind-power firm draws interest from Shanghai Electric, Endesa
- Foreign investors are targeting Spanish renewable companies
This article is for subscribers only.
The owners of Spanish wind-power firm Eolia Renovables de Inversiones SCR SA are exploring a sale amid bids from other energy providers, people familiar with the matter said.
A sale could value the company, which is majority owned by U.S. buyout firm Oaktree Capital Group LLC, at more than 1 billion euros ($1.2 billion), the people said, asking not to be identified because the deliberations are private.