Iberdrola reaches $2.5 billion deal ‘in principle’ for total control of US subsidiary Avangrid
Energy Disrupter
![](https://cached.imagescaler.hbpl.co.uk/resize/scaleHeight/150/cached.offlinehbpl.hbpl.co.uk/news/OPW/VineyardWindcWorldviewFilms_1.png)
Spanish energy giant Iberdrola has reached a $2.5 billion deal in principle to take full control of its subsidiary Avangrid, which owns a large grid and renewable energy portfolio in the US.
by Craig Richard