Thursday, 5 December 2024
Home Avangrid to Be Acquired by Iberdrola

The following content is a news release distributed by . The original news release may be found here.

Avangrid to Be Acquired by Iberdrola

ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) (“Company,” “Avangrid,” “we” or “our”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“Iberdrola”), announced that it has entered into a definitive agreement under which Iberdrola will acquire the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own for $35.75 per share in an all-cash transaction. The $35.75 per...

Read the full news release here

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