Iberdrola to sell up to 49% stake in UK East Anglia Two offshore wind farm

Iberdrola, advised by Bank of America and BBVA, will launch a sale of up to 49% of its East Anglia Two offshore wind project in the UK within weeks. This continues Iberdrola's asset rotation strategy to fund growth, but the timing and valuation are uncertain. The move signals continued investor appetite for UK offshore wind assets despite policy headwinds.