PARIS/MADRID, March 14 (Reuters) - French President Nicolas Sarkozy has persuaded his Spanish counterpart to let EDF take a 15 to 18 percent stake in Spain's Iberdrola in exchange for control of some nuclear power plants in France, ABC newspaper reported.
Citing no sources, ABC said this solution would allow state-controlled EDF to gain a foot in Spain, and let Iberdrola add more nuclear power to its portfolio while Spain keeps the lid on building more nuclear plants at home.