Iberdrola to Acquire Finland’s Largest Electricity Distribution Company Caruna in €5 Billion Deal
Iberdrola will acquire an 80% stake in Caruna, Finland’s largest electricity distribution company, for €2 billion, valuing the deal at €5 billion. This acquisition expands Iberdrola’s regulated asset portfolio in Finland, which offers a stable regulatory environment and expected annual growth in earnings and assets. The deal is anticipated to close by Q1 2027.
The post Iberdrola to Acquire Finland’s Largest Electricity Distribution Company Caruna in €5 Billion Deal appeared first on SolarQuarter.
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