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Iberdrola Acquires Major UK Electricity Distributor
Company Announcements

Iberdrola Acquires Major UK Electricity Distributor

Iberdrola (ES:IBE) has released an update.

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Iberdrola, S.A. has announced its acquisition of an approximately 88% stake in British company Electricity North West Limited, a major move in the electricity distribution market. This strategic acquisition aligns with EU market abuse regulations and Securities Markets and Investment Services Law, marking a significant expansion of Iberdrola’s footprint in the energy sector.

For further insights into ES:IBE stock, check out TipRanks’ Stock Analysis page.

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