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Iberdrola wins key asset in Energy East
- Source :
- Wall Street Journal. Europe. June 27, 2007, A2
- Publication Year :
- 2007
-
Abstract
- Spanish utility Iberdrola has bought Energy East Corp. for $4.58 bil, significantly expanding its presence in the US. The deal has added approximately 3 mil gas and electric customers, and enables Iberdrola to obtain US tax credits for the production of renewable energy.
- Subjects :
- Iberdrola S.A. -- Mergers, acquisitions and divestments
Iberdrola USA Inc. -- Mergers, acquisitions and divestments
Electric utilities -- Mergers, acquisitions and divestments
Gas utilities -- Mergers, acquisitions and divestments
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.165727777