May 2 (Renewables Now) – Spanish energy company Iberdrola (BME:IBE) informed on Tuesday that shareholders of its Brazilian unit Neoenergia SA had voted to approve the company’s initial public offering (IPO) of shares.
Iberdrola, which holds a 52.45% stake in Neoenergia, said ahead of the vote this Monday that the listing would take place in the first half of the year.
Via Renewables Now