UK Offshore Wind Deal Highlights Appeal of Renewables

Capt. John

By James Thornhill and Jeremy Hodges – (Bloomberg) –Spanish utility Iberdrola SA is selling a stake in a U.K. offshore wind farm to a unit of Macquarie Group Ltd. for 1.63 billion pounds ($1.96 billion) in a deal that highlights the widening appeal of renewable assets. Institutional investors are...

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