Spain's Eolia Considering IPO

Spanish renewable energy group Eolia is considering another shot at an initial public offering (IPO), according to a Reuters report.

The company, which buids and operates wind farms and solar plants, abandoned plans for an IPO about three years ago.

Last year the Spanish government granted Eolia permission to buld 631 megawatts of wind power capacity through 2013 under countries feed-in tarif. 

Reuters reports company earnings of EUR 63 million and sales of EUR 82 million in the first nine months of 2009.