Spanish utility company Iberdrola announced today its agreement to purchase the remaining minority stake in its US subsidiary Avangrid, marking a strategic move to strengthen its foothold in the American energy market. The acquisition, approved by Avangrid's Board of Directors following the recommendation of an independent committee, entails Iberdrola acquiring an 18.4% stake at $35.75
To continue reading this article, please subscribe:
Monthly PlanPrice: $30 / month Features:
|
Annual PlanPrice: $300 / year (Save 17%) Features:
|
Already a subscriber? Log in here:
