Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn [Yahoo! Finance]
IBERDROLA SA S/ADR (IBDRY)
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iberdrola.com/shareholders-investors
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Source: Yahoo! Finance
Iberdrola's UK network will now extend 170,000km, serving 12 million people, and its workforce will exceed 8,500 employees in the country. In a collaborative move, Iberdrola has entered a shareholders' agreement with a consortium of Japanese investors led by Kansai, which will maintain a 12% stake in ENW. The transaction is currently under scrutiny by the UK Competition and Markets Authority. In September 2024, Iberdrola launched the 496MW Saint-Brieuc offshore wind farm , 16km offshore Brittany. "Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn" was originally created and published by Power Technology , a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist adv
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