Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Iberdrola : Fin de la saga PNM !

>Une décision pragmatique qui sous-tend notre opinion positive - Iberdrola a annoncé mardi 2 janvier 2024 que sa filiale américaine Avangrid, détenue à 81.5%, avait mis fin à son accord de fusion avec PNM Resources après avoir rejeté la dernière tentative de report de la date butoir pour la finalisation du projet. Avangrid avait proposé en 2020 d'acquérir PNM Resources pour une valeur d’entreprise de 7 Md€ avec en complément 2 Md€ d’investissements dans les projets re...
Underlying
Iberdrola SA

Iberdrola is a holding company. Through its subsidiaries, Co. operates in four segments: network business, which includes all the energy transmission and distribution activities, and other regulated activity originated in Spain, the U.K., the U.S. and Brazil; deregulated business, which includes electricity generation and sales businesses as well as gas trading and storage businesses carried on by Co. in Spain, Portugal, the U.K. and North America; renewable business, with activities related to renewable energies in Spain, the U.K., the U.S. and the rest of the world; and other businesses, including the engineering and construction businesses and the non-power businesses.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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