Acquiring Company
Iberdrola
Acquired Company
Avangrid
OrangeEnergyRenewable EnergySolarRenewables & EnvironmentEnergyRenewable EnergyDescription
Iberdrola SA, a Spanish multinational electric utility company, has completed the acquisition of the remaining 18.4 percent shares of its U.S. subsidiary Avangrid Inc., assuming full ownership of the renewable power producer. With this acquisition, Iberdrola aims to invest more efficiently in the United States, particularly in new energy infrastructure projects, strengthening and expanding its presence in the renewable energy sector.
Quick answer
Iberdrola is acquiring Avangrid, announced December 25, 2024. Iberdrola is based in Avangrid.
- How much did Iberdrola pay for Avangrid?
- The deal value was not disclosed.
- What does Iberdrola do?
- Iberdrola, Europe’s largest electricity utility by market capitalization and one of the world's top three electricity companies, is a leader in renewables, spearheading the energy transition to a low carbon economy.
- Where are Iberdrola and Avangrid based?
- Iberdrola is based in Avangrid. Avangrid is based in Orange, Connecticut, United States.
- Who are the decision-makers at Iberdrola?
- Fundz holds 5 contacts at Iberdrola. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Iberdrola, and when
When Iberdrola changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Iberdrola raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Iberdrola, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Avangrid?
Avangrid was acquired by Iberdrola, based in Avangrid. The deal was reported on December 25, 2024. Iberdrola, Europe’s largest electricity utility by market capitalization and one of the world's top three electricity companies, is a leader in renewables, spearheading the energy transition to a low carbon economy. Iberdrola is privately held and operates in Energy.
When did Iberdrola acquire Avangrid?
Iberdrola's acquisition of Avangrid was reported on December 25, 2024. Iberdrola SA, a Spanish multinational electric utility company, has completed the acquisition of the remaining 18.4 percent shares of its U.S. subsidiary Avangrid Inc., assuming full ownership of the renewable power producer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Avangrid do?
An industry leader in clean energy projects, empowering communities and promoting sustainability for a brighter, greener tomorrow. Our employees provide the energy and innovation that drive Avangrid. It is privately held, operating in Energy, and is based in Orange.
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