Iberdrola gains voting power over Infigen

SPANISH renewables giant Iberdrola has acquired 52.75% of Infigen Energy’s voting power, effectively taking control of the company, following almost a year of discussions.

Iberdrola gains voting power over Infigen Iberdrola gains voting power over Infigen Iberdrola gains voting power over Infigen Iberdrola gains voting power over Infigen Iberdrola gains voting power over Infigen

As a result of the increased voting power, Iberdrola's 92 cent-per-share takeover offer has been automatically extended for another two weeks as of yesterday.