Iberdrola floors competitor with share purchase

It's long been clear that Iberdrola won the competition to buy Australia's Infigen, and now the utility's rival throws in the towel for good.

by VIKTOR BRANDT KÆRGAARD

Australia's UAC Energy now realizes that it has lost the fight for acquiring compatriot utility Infigen Energy.

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Iberdrola acquires Australian power company
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Iberdrola outbids rival for Australian IPP purchase
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