More clout

IBERDROLA has sold 78 per cent of its Mexican business interests to one of the country’s publiclyowned companies for €5 billion. The sale follows regulatory problems ­ and what were described as confrontations ­ with Mexico’s president, Andres Manuel Lopez Obrador.

The move will give the energy giant more financial clout and fits in with growth plans for networks and renewables in the United States and Europe.

It will also improve debt ratios while strengthening the company’s financial positioning, the group’s Chief Financial Officer, JoseSainz, said.

Leapy Lee Says It

Others Think It

I’VE never had much respect for politicians. Back in the 60s I witnessed a number of the ‘Old Boys’ club members with their trousers down, both metaphorically and in reality. Well I remember a prominent London MP rushing up to me at a Chelsea party.

Clad in a string vest and very questionable Y Fronts, he implored me to ‘take over upstairs’. Apparently the nubile and extremely eminent London agent he was cavorting with had become rather too much for him. I didn’t accept his offer I may add!

Another told me he thought smoking marihuana was ‘such fun!’ No I’m afraid politicians in general have never impressed me much. Boris and PartyGate was a mere bagatelle!

There is one overriding problem with the elder male occupants of the Westminster power corridors. The majority went to public school. These male dominated institutions meant that its students never really learned to mix with the female of the species. Their only experiences with the opposite sex were annual school dances and over bearing Nannies. This accom­