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FCC plans to sell its renewable energy business to Plenium, Vozpopuli reports

By Reuters

<p><body> <p><span class="caps">MADRID</span> (Reuters) – <span class="caps">FCC</span>, a Spanish engineering firm controlled by Mexican billionaire Carlos Slim, has agreed to sell 49% of its renewable energy business, <span class="caps">FCC</span> Energia, to investment fund Plenium Partners, the Spanish news website Vozpopuli reported on Wednesday, without citing any sources.</p> <p><span class="caps">FCC</span>’s exit from the renewable energy business is part of a long term plan that includes the divestment of non-strategic assets to focus on construction, water and environmental services, Vozpopuli said.</p> <p>Seven years ago, <span class="caps">FCC</span> had sold a 51% in <span class="caps">FCC</span> Energia to Plenium Partners for 8 million euros.</p> <p>Plenium Partners did not immediately return a phone call seeking comment and an <span class="caps">FCC</span> spokesman declined to comment. </p> <p/> <p> (Reporting by Michael Susin, Editing by Inti Landauro and Louise Heavens)</p> </body></p>