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Iberdrola ( (ES:IBE) ) has provided an announcement.
Iberdrola has received unconditional authorization from the UK’s Competition and Markets Authority for its acquisition of an 88% stake in Electricity North West Limited. This move aligns with Iberdrola’s 2024-2026 Strategic Plan, enhancing its position in the UK energy transmission and distribution market.
More about Iberdrola
Iberdrola, S.A. is a leading global energy company primarily engaged in the production, distribution, and commercialization of electricity. The company focuses on renewable energy sources and is a significant player in the energy transmission and distribution market, particularly in Europe and the Americas.
YTD Price Performance: 7.44%
Average Trading Volume: 2,238,310
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €89.26B
For detailed information about IBE stock, go to TipRanks’ Stock Analysis page.