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Spain’s Iberdrola targets Asia-Pacific growth with foray into Australia

Bloomberg Spain’s Iberdrola SA has selected a site for its first project in the Asia-Pacific region, as Europe’s biggest renewable generator looks to expand beyond its core markets. The Bilbao-based company seeks to start a 320-megawatt hybrid wind and solar plant in South Australia in 2021, kicking off planned investments of about $340 million in the country’s renewables sector, it ...

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Amazon antitrust complaint filed in US gets EU attention

Bloomberg Amazon.com Inc’s big push into logistics is getting scrutiny from European Union (EU) antitrust regulators who asked the US to share an online merchant’s complaint against the retail giant, according to documents reviewed by Bloomberg and two people familiar with the matter. The online merchant accused Amazon of rewarding those who pay for the company’s warehousing, packing and delivery ...

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Reynolds Wrap maker files for IPO in US

Bloomberg Reynolds Consumer Products Inc, the maker of Reynolds Wrap aluminum foil and Hefty trash bags, has filed for a US initial public offering. The company has hired Credit Suisse Group AG, JPMorgan Chase & Co and Goldman Sachs Group Inc for the share sale. The $100 million registration amount listed on the documents is a placeholder used to calculate ...

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