Borealis Infrastructure, EDP jointly bid for E.ON's Spanish assets: Reuters
Spain's Grupo Villar Mir and Portuguese utility Energias de Portugal (EDP) have emerged as potential buyers for German utility E.ON's Spanish assets, people familiar with the process told Reuters. EDP is teaming up with Borealis Infrastructure, an investment arm of the Ontario Municipal Employees Retirement System (OMERS). The Spanish operations could fetch between US$1.1 billion and US$2.7 billion, depending on whether E.ON sells the whole business or only individual assets.
16 July 2014•2 mins read
