Fenosa, EDP Highest Bidders for Spanish Wind Energy Company

Madrid, Spain [AFX] Union Electrica Fenosa SA and EDP – Energias de Portugal SA are being tipped as favourites to win the bid for Spanish wind energy firm Ceasa, Bolsacinco reported, citing unnamed sources close to the deal. … the initial price for Ceasa was slated at around 300 mln eur, but noted that both Fenosa and EDP could have lodged bids for over 400 mln.

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