Portugal Buys 13.7% Stake in Grid Operator REN from Amancio Ortega
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Portugal agreed to buy a 13.7% stake in power-grid operator REN — Redes Energéticas Nacionais from Spanish billionaire Amancio Ortega’s investment firm. This acquisition comes a little more than a year after a massive blackout exposed vulnerabilities in the Iberian electricity system.
PortugalRENAmancio Ortega
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“Portugal agreed to buy a 13.7% stake in power-grid operator REN — Redes Energéticas Nacionais from Spanish billionaire Amancio Ortega’s investment firm, a little more than a year after a massive”
Bloomberg — Portugal Buys Stake in Grid Operator REN from Billionaire Ortega