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Spain's Iberdrola Lobs $2.5B Bid For Rest Of Avangrid

Law 360 M&A

Spanish renewable energy company Iberdrola SA has proposed to take its portfolio company, sustainable energy company Avangrid, private by purchasing the remaining issued and outstanding shares it does not already own in a $2.48 billion deal, according to Thursday statements from the parties.

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Iberdrola Inks Sale Of 49% Wind Farm Stake For €700M

Law 360 M&A

Spanish power giant Iberdrola SA said Wednesday it has sold almost half of its stake in an offshore wind farm in Germany for €700 million ($700 million) to Swiss investment company Energy Infrastructure Partners.

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