Spanish firms seeking to sell stake in South African solar plant – sources

 Spain’s Grupo Cobra and SENER companies are seeking to exit their stake in the 100 MW Ilanga solar power plant, which supplies electricity to South Africa’s national grid, two sources with knowledge of the process told Reuters. Grupo Solar and SENER have hired bankers for the transaction, the sources said, in line with their strategies to exit minority stakes in up and running assets.