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Announced

Completed

Proa Capital completed the acquisition of Amara from Iberdrola.

Synopsis

Proa Capital, a private equity investment firm, completed the acquisition of Amara, a provider of electrical equipment. Financial terms were not disclosed. The company plans to allocate the funds raised with the operation to address its new stage of growth, at a time of maximum investor interest in the renewable energy business and the decarbonization of the economy.

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