Iberdrola ices Romania sale plans

Spanish energy giant Iberdrola has confirmed it now has no immediate plans to sell Romanian wind interests including an 80MW wind farm and a stake in a 192MW project pipeline.

Iberdrola has been in discussions over its Romanian interests for several years, and in 2012 was linked with a sale to Sinovel of China.

However, a deal did not materialise and the company said it was now not actively pursuing a sale.

Iberdrola said: “If the opportunity is good, then we are willing to sell, but for the moment we are focusing on other markets.”

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