Iberdrola successfully gains control of ASX-listed Infigen Energy, after its takeover offer is accepted by more than 50 per cent of shareholdings.
Iberdrola locks in a higher, $893 million, offer for Infigen Energy as it firms as favourite in takeover bid after securing an additional 13 per cent stake.
Iberdrola entices Infigen Energy shareholders with another increase to takeover bid, with an eye to getting majority control.
Iberdrola progresses its takeover of Infigen Energy, upping its ownership stake and waiving all outstanding conditions on its $864m offer.
Iberdrola receives clearance from the Foreign Investment Review Board, and board endorsement, for takeover of the ASX-listed Infigen Energy.
Bidding war breaks out for ASX-listed Infigen Energy as overseas suitors up their offers.
Spanish firm Iberdrola steps in with $835m “friendly” counter offer for Infigen Energy, that will see the renewables giant dramatically expand its Australian presence.
Spanish electric utility Iberdrola uses Madrid climate talks to announce plans to replace its last two coal-fired power plants with subsidy-free wind and solar.
Spanish energy giant unveils plans to tap Australia’s “tremendous” renewables potential, starting with 320MW hybrid wind and solar plant.
Macquarie set to acquire a ‘substantial’ stake in huge off-shore wind farm in the UK, in a deal worth a reported A$1.8 billion.