BRIEF-Spain's Iberdrola to sell stakes in Coelba, Cosern to Neoenergia

lunes 2 de marzo de 2015 02:51 GYT

March 2 (Reuters) - Spain's Iberdrola

* Says unit Iberdrola Energia to sell stake in Brazilian energy distributors Coelba and Cosern to Neoenergia

* Iberdrola Energia holds a 39 pct stake in Neoenergia

* Says to sell 8.5 percent stake in Coelba for around 159 million euros ($177.75 million)

* Says to sell 7 percent stake in Cosern for around 32 million euros

* Says total payment to be received, including annual interests of 12.19 percent, Feb. 26, 2018

* Says to book gross capital gains of 69 million euros from the sale Source text for Eikon: [] Further company coverage: ($1 = 0.8945 euros) (Reporting By Tomas Cobos; Writing by Paul Day)