Announced
Financials
Tags
Friendly
Acquisition
Public
Pending
Australia
renewable energy
power generation
Renewable Energy Equipment
Majority
Single Bidder
Cross Border
Synopsis
Iberdrola Group, a power generation company, agreed to acquire Infigen Energy, a developer and operator of renewable energy generation assets for $634m. Acquiring Infigen Energy will enable Iberdrola to tighten its hold on the new and highly relevant market that Australia represents, being a priority market for the Group since it announced plans to launch there earlier this year.
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