Acciona Energia rises after report says EQT and NBIM prepare bid
BUZZ-Acciona Energia rises after report says EQT and NBIM prepare bid ** Shares in Acciona Energia ANE.MC rise 3.6% after Expansion reported that Swedish private equity firm EQT EQTAB.ST has teamed up with Norges Bank Investment Management to bid for the Spanish renewable power company
** EQT has a 75% stake in the bidding consortium while Norges Bank Investment Management holds 25%, and they are seeking to buy 100% of Acciona Energia, Expansion reports
** Acciona Energia, EQT and NBIM did not immediately reply to Reuters requests for comment
** Shares of Acciona ANA.MC, which owns 91.1% of Acciona Energia ANE.MC, are up 4.5%
** The Spanish companies' shares rallied in June after media reports said global infrastructure funds, including Blackstone, Brookfield and KKR, were teaming up to bid for stakes in Acciona Energia
(Reporting by Javi West Larrañaga)
((javier.west@thomsonreuters.com; +34 918 35 61 12))