M&AInfrastructureSIGNED
Iberdrola quintuples its alliance with GIC to 4.25 billion euros
Value
€4.3Bn
Acquirer
GIC
Target
Iberdrola (Brazilian infrastructure assets)
Iberdrola has significantly expanded its partnership with Singapore's state fund GIC, increasing the agreement for infrastructure in Brazil to 4.25 billion euros. The original plan in 2023 was for 900 million euros.
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