Private equity, strategic investors line up for E.ON's Spanish assets: Reuters

Investors are readying offers for the Spanish assets of Germany's top utility E.ON, sources told Reuters, adding that the bids would value the portfolio at about US$2.7 billion. Parties expected to submit non-binding bids for assets include private equity firm CVC Capital Partners; a consortium consisting of Canada's Borealis Infrastructure and Portuguese utility EDP; as well as a group comprising private equity firm Riverstone and Swiss energy company Alpiq. KKR, Macquarie and Spain's Grupo Villar Mir also are expected to express an interest.

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