MADRID, Feb 27 (Reuters) – Spanish conglomerate Acciona has hired a bank to analyse options for its energy business, Chief Executive Jose Manuel Entrecanales said on Friday.
The group has been considering potential options for Acciona Energia, in which it has a more than 90% stake. Entrecanales had previously said that potential options include a delisting, a merger or the status quo.
There is an “intrinsic value” in keeping the energy business listed, he said in a call after the company’s results, adding that all options are analysed constantly.
“We have retained a bank to help us in that process of analysing all the different alternatives,” he said.
(Reporting by Pietro LombardiEditing by David Goodman)