Iberdrola acquires stake in UK power network
- Admin
- Aug 5, 2024
- 1 min read
Iberdrola has signed an agreement to acquire 88% of Electricity North West (ENW) in the UK for €5bn including debt. This acquisition strengthens Iberdrola's investment in electricity networks in countries like the UK and supports electrification and decarbonization. Ignacio Galán, Iberdrola's executive chairman, highlights the commitment to investing in stable regulatory environments for electricity networks.
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