Iberdrola Agrees to Acquire Majority Stake in Finnish Power Distributor Caruna
Spanish energy company Iberdrola has agreed to acquire an 80% stake in Finland's largest electricity distribution network, Caruna, for €2 billion. The deal values the business at approximately €5 billion including debt and is expected to close by Q1 2027 after regulatory approvals.
Topics: acquisition Caruna electricity distribution Finland Iberdrola