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Iberdrola’s Avangrid scraps $8 billion deal to create US renewables giant

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Iberdrola’s Avangrid scraps $8 billion deal to create US renewables giant | Windpower Monthly

Iberdrola’s Avangrid scraps $8 billion deal to create US renewables giant

Iberdrola-owned Avangrid has terminated its $8.3 billion deal to acquire New Mexico utility PNM Resources after it failed to secure regulatory approval for the transaction.

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