Spain’s ACS plans renewables IPO in autumn
Actividades de Construcción y Servicios, the Spanish building and services firm run by Florentino Perez, is seeking to list its renewable energy unit, Zero-E, as early as autumn 2019, according to two sources close to the transaction.
The company announced on April 12 that it would seek to set up a separate subsidiary for its renewables assets, managed by its Cobra unit.
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