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CMP parent company may go private in deal with Spanish energy giant Iberdrola

May 20, 2024 8:00 AM | Anonymous

Central Maine Power and its parent company, Avangrid Inc. may soon be under the total control of privately owned energy giant Iberdrola S.A.

Iberdrola would pay a total of $2.6 billion under the agreement — $35.75 per share — in an all-cash transaction.

Read more here.

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