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Infigen Energy Says Iberdrola Extends Takeover Offer To 21 Oct
Iberdrola Buys Japanese Developer Acacia Renewables And Enters Into JV To Develop 3.3 GW Offshore Wind Portfolio
Iberdrola Extends Offer Period For Infigen Deal Till Sept 23
IBERDROLA, S.A. is engaged in carrying out electricity and gas activities in Spain and abroad. The Company's segments include Network business, Deregulated business, Renewable business and Other businesses. The Company's Network business segment includes all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States and Brazil. Its Deregulated business segment includes electricity generation and sales businesses, as well as gas trading and storage businesses carried on by the Company in Spain, Portugal, the United Kingdom and North America. Its Renewable business segment includes activities related to renewable energies in Spain, the United Kingdom, the United States and the rest of the world. Its Other businesses segment includes the engineering and construction businesses and the non-power businesses. The Company offers its customers power and natural gas, both in the wholesale and retail markets.
Plaza Euskadi numero 5
Jose Ignacio Sanchez Galan
Chief Executive Officer, Executive Chairman of the Board
Ines Macho Stadler
Vice Chairman of the Board
Jose Sainz Armada
Chief Financial Officer
Francisco Martinez Corcoles
Business CEO of the Iberdrola Group, Executive Director
Juan Carlos Rebollo Liceaga
Corporation Administration and Control Director
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Iberdrola <IBE.MC> has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie's Green Investment Group to develop an offshore wind farm portfolio, the Spanish energy company said on Thursday.
Iberdrola has bought Japan-based renewables developer Acacia and signed a joint venture deal with Macquarie to develop an offshore wind farm portfolio, the Spanish energy company said on Thursday. (Reporting by Inti Landauro and Isla Binnie; editing by Jason Neely)
Australian takeover target Infigen Energy on Monday warned revenue and earnings would be "materially lower" in the current financial year as it grapples with a substantial drop in wholesale electricity prices due to the coronavirus crisis.
Spanish utility Iberdrola said on Friday it is set to start construction on the largest green hydrogen plant for industrial use in Europe.
Spain's Iberdrola said on Friday it received further acceptances from shareholders for its takeover of Australian wind and solar firm Infigen Energy , meeting a condition that would see the offer price increase by 3 cents.
Spanish renewable energy giant Iberdrola lauded the green credentials of the European Union's post-coronavirus stimulus deal on Wednesday as it pledged future profit growth, dividends and investments.
Spanish renewable energy giant Iberdrola said on Wednesday it expects profit growth this year despite taking a hit in the first half from the strangling effect of the coronavirus outbreak on global electricity demand.
* REFERS TO ITS OFF-MARKET TAKEOVER BID TO ACQUIRE ALL STAPLED SECURITIES ON ISSUE IN INFIGEN ENERGY
Clean technology projects are readying bids for a billion-euro support package from the European Union under a flagship scheme for funding breakthrough low-carbon technologies.
Australian wind and solar firm Infigen Energy Ltd <IFN.AX> on Tuesday recommended an offer from Iberdrola <IBE.MC> to its shareholders, after the Spanish company waived most conditions from its A$856 million ($589 million) bid.
* GOT NOTICE THAT IBERDROLA WAIVED CONDITIONS OF ITS BID, EXCLUDING CONDITION THAT IT GET APPROVAL FROM AUSTRALIA'S FIRB TO BUY CO
A bidding war for Australian wind and solar firm Infigen Energy <IFN.AX> heated up on Monday, with Spain's Iberdrola <IBE.MC> raising its bid to A$856 million ($589.1 million), shortly after Philippine conglomerate Ayala Corp <AC.PS> hiked its offer.
Philippine conglomerate Ayala Corp said on Monday its offer for Infigen Energy is unconditional, as it competes with Spain's Iberdrola to buy the Australian renewables firm.
Mexico's president on Thursday said he expects to reach agreement with Spanish power generation company Iberdrola <IBE.MC> after reports that the firm had canceled a major project in the eastern state of Veracruz.
Mexico's president on Thursday said that no final decision has yet been made over a plant being built by the Spanish power generation company Iberdrola in the state of Veracruz after reports the firm had canceled the project.
Spanish power generation company Iberdrola has suspended the construction of a plant in Mexico after failing to reach a contract to supply power to the state power company, CFE, a local official said on Wednesday.
Mexican President Andres Manuel Lopez Obrador ramped up verbal attacks on Spain's Iberdrola <IBE.MC> on Wednesday, accusing the power generation company of mounting a media campaign against his government as well as unspecified acts of graft.
Spain's Iberdrola has made an agreed A$828 million ($569 million) bid for Australian wind and solar firm Infigen Energy <IFN.AX>, topping an offer from Philippine conglomerate Ayala Corp <AC.PS>.
Infigen Energy on Wednesday recommended a A$827.5 million ($569.1 million) buyout bid from Spain's Iberdrola to its shareholders, and urged them to reject an earlier offer from Philippine conglomerate Ayala Corp.
Spanish utility Iberdrola <IBE.MC> said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy.
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