Iberdrola Acquires Remaining 18.4% of Avangrid for $2.6 Billion

Siemens AG Acquires Iberdrola's 8.1% Stake in Siemens Gamesa Renewable Energy

February 4, 2020

Renewable Energy

Siemens AG will acquire Iberdrola S.A.'s 8.1% stake in Siemens Gamesa Renewable Energy (SGRE) for €20.00 per share, a total of approximately €1.1 billion. The deal settles legal disputes between the parties, and Siemens will contribute SGRE shares to the upcoming Siemens Energy spin-off—resulting in Siemens Energy holding roughly 67% of SGRE voting rights—and expects additional savings and synergies from the transaction.

Cox Agrees to Acquire Iberdrola Mexico Business for €3.6 Billion (~$4.2 Billion)

March 20, 2026

Energy

Cox has agreed to acquire Iberdrola’s Mexico business in a €3.6 billion (about $4.2 billion) transaction backed by Goldman Sachs and a seven-bank syndicate. The deal will add more than 2.6GW of installed capacity across 15 generation plants (wind, solar PV, and cogeneration/combined-cycle) and includes the integration of roughly 700 employees to support ongoing operations and expansion in Mexico.

Brookfield to Acquire 19.7% Indirect Stake in Duke Energy Florida for $6B

August 5, 2025

Utilities

Duke Energy announced a definitive agreement for Brookfield to acquire a 19.7% indirect equity interest in Duke Energy Florida for $6 billion in cash. Duke Energy will retain 80.3% and continue to operate the utility, with the investment supporting Duke Energy Florida’s grid modernization, resiliency projects, and generation enhancements while also strengthening Duke Energy’s balance sheet.

ABB Acquires Controlling Stake in InCharge Energy

January 27, 2022

Energy

ABB has acquired a controlling stake (approximately 60%) in InCharge Energy, an EV commercial charging infrastructure and fleet electrification solutions provider based in California. The transaction expands ABB E-mobility's software, services and turnkey charging capabilities in North America to accelerate fleet electrification and broaden its commercial customer offering; financial terms were not disclosed.

Brookfield Renewable Acquires Urban Grid for $650M

January 26, 2022

Renewable Energy

Brookfield Renewable acquired clean power developer Urban Grid and its pipeline of approximately 20,000 MW (13,000 MW solar and 7,000 MW storage) across 12 U.S. states for $650 million. The deal roughly triples Brookfield Renewable's U.S. development pipeline and Urban Grid will continue to operate under its brand as an independent power producer (IPP).

NRG Energy to Acquire Vivint Smart Home for $2.8 Billion

December 6, 2022

Cloud & SaaS

NRG Energy has entered into a definitive agreement to acquire Vivint Smart Home in an all-cash transaction valued at $2.8 billion, or $12 per share. The deal totals $5.2 billion including cash and assumed net debt, and is expected to close in the first quarter of 2023.