Corporación Gestamp – whose renewables subsidiaries include Gestamp Wind, Gestamp Solar and GRI Renewables Industries – has hired Bank of America Merrill Lynch to begin laying the groundwork for a possible yieldco listing, according to Reuters, citing unnamed sources.

Through Gestamp Wind and Gestamp Solar– both housed under the Gestamp Renewables banner – Corporación Gestamp is a significant developer of renewables projects around the world.