LONDON - With the political winds now apparently blowing in Electricite de France's favor, attention on Friday turned yet again to the company's plans for a foray into the Spanish energy market.
The French government-owned utility has made no secret of its wish to enter the Spanish market, nor of its discussions with potential bidding partner Actividades de Construccion (ACS). But whereas the two companies had been reportedly planning a break-up bid for Spanish utility Iberdrola (other-otc: IBDSF - news - people ), a press report claimed on Friday that the pair would also make a simultaneous offer for utility Union Fenosa.
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