Iberdrola Gets UK Regulatory Approval for ENW Acquisition

Iberdrola Gets UK Regulatory Approval for ENW Acquisition

Iberdrola said it is now the second-largest distribution network operator in the UK.

Market Consensus Alphavalue / Divacons The Competition and Markets Authority of the United Kingdom (CMA) approved the acquisition by Iberdrola, through its subsidiary Scottish Power, of 88% of the participation in the operator of the electricity distribution network Electricity North West. The operation values 100% of the company, including debt, at approximately €5,000, as reported yesterday Iberdrola. The operation falls within the objectives…

UK approves Iberdrola’s purchase of Electricity North West

Iberdrola has received permission from the UK CMA to acquire a majority share in Electricity North West (ENW).

Powerside Acquires Electrotek Concepts, Further Expanding its Power Quality Solutions for Utilities and Their Customers

Acquisition adds PQView®, the utility industry standard for power quality monitoring and analysis software ALAMEDA, Calif., March 20, 2025 (PRNewswire-PRWeb) — Powerside, a leader in advanced power quality solutions, has acquired Electrotek Concepts from GMC Instruments Group. This purchase follows Powerside’s recent growth capital raise to enhance market position and expand capabilities to now include ... Powerside Acquires Electrotek Concepts,…

The agreement values 100% of the company, including the debt, at approximately 5 billion euros ...

CMA clears takeover of €5bn Electricity North West – Northern Financial Review

The UK’s Competition and Markets Authority (CMA) has cleared the acquisition of an 88% shareholding in the electricity distribution network operator Electricity North West (ENW) by Iberdrola, S.A., through its subsidiary ScottishPower. Iberdrola, through ScottishPower, now becomes the second largest distribution network operator in the UK, delivering electricity to around 12 million people across a network spanning more than 170,000 kilometers. …