--Spain's Iberdrola is considering selling up to 50% of its renewables assets in the U.S., Expansion reports, citing several market sources.

--The energy company could raise up to EUR5 billion with the stake sale, according to the Spanish business newspaper.

--Iberdrola's renewable energy business in the U.S. is controlled by its North American subsidiary Avangrid.

Full story: https://bit.ly/3o1LjBH

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

May 16, 2023 05:37 ET (09:37 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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