Iberdrola launches $2.5 billion bid 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/Avangridhasaround$44billionor€40.4billioninrenewableenergyandnetworkassetsacross24USstates.png)
Spanish utility Iberdrola is attempting to buy the remaining shares in its Avangrid subsidiary, which owns a large grid and renewable energy portfolio in the US.
by Orlando Jenkinson