IBERDROLA, Spain's second largest electricity company, is in talks in view of taking over FLP GROUP, the parent company of the American FLORIDA POWER AND LIGHT, transaction estimated at $11 bn. In addition. still in the Spanish electricity sector, TEXAS UTILITIES has announced that he has decided not increase the stakes for HIDROELECTRICA DEL CANTABRICO, following a counter-bid by Spain's UNION FENOSA. See yesterday's EI.