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4 Firms Build $2.55B Sale Of Avangrid To Spain's Iberdrola

By Jade Martinez-Pogue (May 17, 2024, 4:58 PM EDT) -- Spanish renewable energy company Iberdrola SA and its portfolio company, sustainable energy business Avangrid, on Friday announced that they have reached an agreement for Iberdrola to take Avangrid private by purchasing the remaining issued and outstanding shares it does not already own in a $2.55 billion deal built by four firms....

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