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Iberdrola to Raise Almost $6 Billion to Support Investments

Iberdrola to Raise Almost $6 Billion to Support Investments

Iberdrola IBE 0.89%increase; green up pointing triangle said it plans a capital increase of 5 billion euros ($5.88 billion) to support its upcoming investments.
The Spanish energy company said Wednesday that it plans an accelerated bookbuilding offering of new shares, with the amount of shares and price to be determined.
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