Iberdrola IBE0.09%increase; up pointing triangle agreed to sell its smart meter rental business in the U.K. to Macquarie Group MQG-1.24%decrease; down pointing triangle for 899.7 million pounds ($1.19 ...
Iberdrola SA has inked a deal to divest SP Smart Meter Assets Ltd. (SPSMAL) to Macquarie Group Ltd. for about GBP 900 million ($1.2 billion). SPSMAL manages 2.5 million meters in the United Kingdom.
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