Iberdrola Interested In Bidding To Build Turkey Nuclear Plant

Wednesday, August 27, 2008

MADRID -(Dow Jones)- Spanish electricity company Iberdrola SA is considering bidding for a license to build Turkey's first nuclear power plant, a company press official confirmed Tuesday.

The official couldn't comment on whether the company is mulling a joint bid with other companies, or a stand-alone bid.

Spain's Cinco Dias business daily had said Iberdrola may bid together with Turkey's Haci Omer Sabanci Holding AS and with General Electric Co.

Companies have until Sept. 24 to hand in their bids.

Iberdrola controls one Spanish nuclear power plant, and has stakes in five others.

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