Iberdrola agrees to sell UK smart meter business to Macquarie in £900m deal

James Murray
clock • 2 min read
Credit: Iberdrola
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Credit: Iberdrola

Deal would see Australian investment giant acquire SP Smart Meter Assets Limited, taking over management of 2.7 million metres

Energy giant Iberdrola has today announced it has signed an agreement with investment giant Macquarie to sell its UK-based smart meter business SP Smart Meter Assets Limited (SPSMAL). Under the terms...

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