--UAE-based renewable-energy company Masdar is considering acquiring a stake in U.S. onshore renewable assets owned by Spain's Iberdrola, Bloomberg reports, citing unnamed sources.

--Considerations are at an early stage and there is no certainty a of a deal, according to Bloomberg.

--Iberdrola said Masdar is an important strategic partner but that it hasn't received any official approach for a stake in its U.S. renewables projects.

--Masdar wasn't immediately available for comment when approached by Dow Jones Newswires.


Full story: https://shorturl.at/fpJM1


Write to Pierre Bertrand at pierre.bertrand@wsj.com


(END) Dow Jones Newswires

02-13-24 0829ET