Iberdrola to sell UK smart metering business to raise $1.27bn

Business and Finance Business and Finance

Fri, December 13, 2024

[ Fri, Dec 13th 2024 ] - The New Yorker

Luigi Mangione and the Making of a Modern Antihero

[ Fri, Dec 13th 2024 ] - Forbes

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[ Fri, Dec 13th 2024 ] - The Motley Fool

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - NJ.com

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Vanguard

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[ Fri, Dec 13th 2024 ] - AARP

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[ Fri, Dec 13th 2024 ] - FOX59 News

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - The Motley Fool Canada

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[ Fri, Dec 13th 2024 ] - Business Today

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[ Fri, Dec 13th 2024 ] - AOL

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[ Fri, Dec 13th 2024 ] - MSNBC

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[ Fri, Dec 13th 2024 ] - Science Daily

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[ Fri, Dec 13th 2024 ] - Nikkei Asia

China and U.S. renew science cooperation deal

[ Fri, Dec 13th 2024 ] - Tennessean

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Arabian Business

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[ Fri, Dec 13th 2024 ] - News9

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[ Fri, Dec 13th 2024 ] - Women's Health

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Can Oneida County help solve the drone mystery in NJ? How Griffiss could assist government

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[ Fri, Dec 13th 2024 ] - The Motley Fool

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Labour seeks another meeting with Martin and Harris to get 'clear responses' to priorities

[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Arabian Business

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[ Fri, Dec 13th 2024 ] - MSN

Biden commuted 21 South Carolinians. Who are they and when are their release dates?

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[ Fri, Dec 13th 2024 ] - Southeast Missourian

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[ Fri, Dec 13th 2024 ] - news.bloomberglaw

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[ Fri, Dec 13th 2024 ] - Barron's

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Reuters

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Il Messaggero

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[ Fri, Dec 13th 2024 ] - AOL

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[ Fri, Dec 13th 2024 ] - PM NEWS Nigeria

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Graphic

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - The New York Times

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[ Fri, Dec 13th 2024 ] - PBS

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Sky Sports

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[ Fri, Dec 13th 2024 ] - USA Today

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - USA Today

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[ Fri, Dec 13th 2024 ] - Business Insider

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Australian Broadcasting Corporation

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - PBS

IRS recovers $4.7 billion in back taxes, braces for cuts under Trump and GOP majority

[ Fri, Dec 13th 2024 ] - Finance & Commerce

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[ Fri, Dec 13th 2024 ] - The Independent

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[ Fri, Dec 13th 2024 ] - The Bismarck Tribune

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[ Fri, Dec 13th 2024 ] - Food & Wine

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Bustle

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[ Fri, Dec 13th 2024 ] - Rolling Out

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Penn Live

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[ Fri, Dec 13th 2024 ] - The New York Times

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[ Fri, Dec 13th 2024 ] - USA Today

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[ Fri, Dec 13th 2024 ] - Charlotte Observer

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[ Fri, Dec 13th 2024 ] - Yahoo Finance

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[ Fri, Dec 13th 2024 ] - MSN

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[ Fri, Dec 13th 2024 ] - Mother Jones

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[ Fri, Dec 13th 2024 ] - Detroit News

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[ Fri, Dec 13th 2024 ] - Indiatimes

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[ Fri, Dec 13th 2024 ] - MSN

Iberdrola to sell UK smart metering business to raise $1.27bn

^{Published on 2024-12-13 12:21:04 - MSN}

Spanish utility Iberdrola is exploring the sale of its smart metering business in the UK, with the aim of raising
1bn ($1.27bn). The move comes amidst growing investor interest in the smart metering sector,

Iberdrola, a Spanish energy company, has agreed to sell its UK smart metering business to the private equity firm Vauban Infrastructure Partners for approximately 1.27 billion euros ($1.36 billion). This transaction is part of Iberdrola's strategy to divest non-core assets and focus on its primary electricity generation and distribution businesses. The sale includes the transfer of 1.6 million smart meters and related infrastructure, which Iberdrola had been developing since 2017. The deal not only helps Iberdrola to reduce its debt but also aligns with its broader goal to invest in renewable energy projects. The completion of the sale is expected in the second half of 2024, pending regulatory approval.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/iberdrola-to-sell-uk-smart-metering-business-to-raise-1-27bn/ar-AA1vOvcg ]

N@N

Iberdrola to sell UK smart metering business to raise $1.27bn