M&A Deal Summary

Iberdrola SA Acquires Iberdrola Australia

On December 22, 2020, Iberdrola SA acquired renewable energy company Iberdrola Australia

Acquisition Highlights
  • This is Iberdrola SA’s 2nd transaction in the Renewable Energy sector.
  • This is Iberdrola SA’s 1st transaction in Australia.

M&A Deal Summary
Date 2020-12-22
Target Iberdrola Australia
Sector Renewable Energy
Buyer(s) Iberdrola SA
Deal Type Add-on Acquisition

Target

Iberdrola Australia

Sydney, Australia
Iberdrola Australia is a major Australia’s transition to a clean energy future. Iberdrola Australia generates and sources renewable energy, increases the value of intermittent renewables by firming, and provides customers with clean, reliable, and competitively priced energy solutions. Iberdrola Australia was established in 2003 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Iberdrola SA

Bilbao, Spain
Category Company
Sector Electrical Equipment
DESCRIPTION

Iberdrola is a Spanish private multinational electric utility company based in Bilbao, Basque Country. Iberdrola has a workforce of around 31,330 employees in dozens of countries on four continents serving around 31,67 million customers

DEAL STATS #
Overall 4 of 4
Sector (Renewable Energy) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Australia) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 Avangrid

Orange, Connecticut, United States

Avangrid is a diversified energy delivery company. Avangrid was founded in 1997 and is based in Orange, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Adicora Servicios de Ingenieria S.L.

Madrid, Spain

Adicora offers its clients a wide range of capabilities such as detail engineering, design and technical office, programming, systems integration (communications, software, protocols), as well as the coordination of supplies and services in electrical and mechanical installations. Adicora was formed in 1996 and is based in Madrid, Spain.

Sell -
Mergr

Product

Company

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