Reuters: Iberdrola Tabs JPMorgan for Asset Sales to Fund U.S. Buy
October 07,2014
Reuters reports that Iberdrola, "has hired JPMorgan Chase & Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market," citing sources familiar with the matter.
Reuters noted Iberdrola has previously been seen as a potential bidder for Oncor.