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EnergyIberdrola started a €5 billion ($5.9 billion) capital increase, the biggest share sale in Europe so far this year, to bolster investments in power networks and further its US and UK expansion. The Spanish energy giant will carry out an accelerated bookbuilding offering, it said in a regulatory filing Wednesday. The company has set an indicative price guidance of €15.10 per share to market, according to terms seen by Bloomberg. Indicative investo…See the Story
Iberdrola Starts €5 Billion Share Sale to Boost Networks
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