The Spanish government is looking to raise between EUR20 billion and EUR30 billion from an ambitious plan of privatizations, which is expected to be approved before the summer, Spanish news agency Europa Press reported Sunday, citing sources at the Finance Ministry.
The Spanish government is looking to raise between EUR20 billion and
EUR30 billion from an ambitious plan of privatizations, which is expected to be
approved before the summer, Spanish news agency Europa Press reported Sunday,
citing sources at the Finance Ministry.
The plan involves, among others, the sale of Spanish rail operator Renfe,
airport operator Aena Aeropuertos, state lottery company Loterias y Apuestas
del Estado, Madrid-based water utility Canal de Isabel II, as well as
divestments of its stakes in International Consolidated Airlines Group
(IAG.MC), food company Ebro Foods and Red Electrica de Espana SA (REE.MC), the
agency added.
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