Spain's Banco Santander SA , Europe's biggest bank, plans to sell its only Australian wind farm partly because of uncertainty about the country's support for renewable energy, a person familiar with the matter told Reuters on Wednesday.Santander is looking for a buyer for the 106.8-megawatt Taralga wind farm it is developing in New South Wales state, said the person, who was close to the sale but not authorised to comment publicly. Total funding of A$280 million ($214 million) was arranged for the project when Santander bought 90 percent of it two years ago through an Australian unit.The person said Santander wants to sell for a number of reasons, one of which is political deadlock in Australia over how much of the country's energy should be renewable by 2020. The person didn't disclose other reasons for the pullout plan.A Santander spokesman could not immediately be reached for comment.
Banco Santander Brasil SA (the Bank) is a Brazil-based bank. Shares of BSBR fell by 0.68% or $-0.03/share to $4.41. In the past year, the shares have traded as low as $4.05 and as high as $7.18. On average, 1625620 shares of BSBR exchange hands on a given day and today's volume is recorded at 1317379.
Banco Santander SA is a Spain-based commercial bank. Shares of SAN fell by 0.67% or $-0.05/share to $7.45. In the past year, the shares have traded as low as $6.61 and as high as $10.75. On average, 10818100 shares of SAN exchange hands on a given day and today's volume is recorded at 5416664.