Spanish power companies Iberdrola SA (IBE.MC) and Union Fenosa (UNF.MC) confirmed Wednesday they are interested in buying assets that Babcock & Brown Ltd. (BNB.AU) and its satellite fund Babcock & Brown Wind Partners Group (BBW.AU) are trying to sell.
Iberdrola hasn't made a bid yet, however, an Iberdrola press official said. The two Spanish companies had no talks on a joint bid, the official added.
Union Fenosa is interested not only in Babcock's assets, but also other wind power assets, a company press official said.
Iberdrola, based in Bilbao, northern Spain, is the world's biggest wind-power generator. The company last week closed a EUR6.3 billion deal to buy wind turbines and services from Spanish turbine maker Gamesa SA (GAM.MC).
Union Fenosa in Spain has a joint-venture wind power company called Eufer in which it and Italy's Enel Spa (ENEL.MI) each hold 50%.
Germany's E.ON AG (EON) is looking at making a non-binding offer for Babcock's European windpower assets, Germany's Boersen Zeitung said.