February 6, 2025
Iberdrola to acquire the rest of subsidiary Avangrid

Photo by Sasun Bughdaryan on Unsplash) Spanish utility Iberdrola plans to acquire the remaining 18.4% stake in Avangrid, giving the company 100% ownership of its American subsidiary. Iberdrola is acquiring the additional capital for $35.75 per share, according to a company announcement. The Avangrid Board of Directors has approved the transaction…
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