Announced

Iberdrola to acquire Autonomous Energy.

Synopsis

Iberdrola, a Spanish multinational electric utility company, agreed to acquire Autonomous Energy, an engineering, procurement, and construction company. Financial terms were not disclosed. The acquisition of Autonomous Energy contributes to Iberdrola's long-term growth ambitions in Australia while positioning Iberdrola Australia as a one-stop-shop for customers seeking comprehensive “behind the meter” and “in front of the meter” green energy solutions. Customers will have access to integrated and optimized green energy solutions that will lower their energy costs, reduce their emissions, and improve their sustainability performance.

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