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Proposed merger of New Mexico, Connecticut energy companies ends; deal valued at more than $4.3B

Officials with New Mexico’s largest electric utility said Tuesday that a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has been scuttled. Under the proposal, Connecticut-based Avangrid would have acquired PNM Resources and its two utilities — Public Service Co. of New Mexico and Texas New Mexico Power. The all-cash transaction was valued at more than $4.3 billion and would have opened the door for Iberdrola and Avangrid in a state where more wind and solar power could be generated and exported to larger markets. ....

United States , New York , New Mexico , Mariel Nanasi , Pat Vincent Collawn , Mexico Supreme Court , Public Service Co , Energy Economy , Public Regulation Commission , Connecticut Based Avangrid , Public Service , Texas New Mexico , New Mexico Supreme Court , New York State Electric , New Energy Economy , Pnm Resources , New Mexico , Proposed Merger ,

Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Increases By 93.2%

Iberdrola, S.A. (OTCMKTS:IBDSF – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,724,700 shares, a growth of 93.2% from the November 30th total of 892,700 shares. Based on an average trading volume of 226,600 shares, the […] ....

United States , United Kingdom , Iberdrola Company Profile , Get Free Report , Iberdrola Daily , Otcmkts Ibdsf ,

Iberdrola, S.A. (OTCMKTS:IBDSF) Sees Large Growth in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDSF – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,724,700 shares, a growth of 93.2% from the November 30th total of 892,700 shares. Based on an average trading volume of 226,600 shares, the […] ....

United States , United Kingdom , Iberdrola Company Profile , Get Free Report , Iberdrola Daily , Otcmkts Ibdsf ,

Head to Head Analysis: Iberdrola (OTCMKTS:IBDSF) & AES (NYSE:AES)

Iberdrola (OTCMKTS:IBDSF – Get Free Report) and AES (NYSE:AES – Get Free Report) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation. Analyst Recommendations This is a summary of recent ratings and […] ....

United States , El Salvador , Puerto Rico , United Kingdom , Energy Services Inc , Get Free Report , Central America , Applied Energy Services , Iberdrola Daily , Otcmkts Ibdsf , Stock Comparison , Stock Analysis ,

Iberdrola (OTCMKTS:IBDSF) versus AES (NYSE:AES) Critical Review

Iberdrola (OTCMKTS:IBDSF – Get Free Report) and AES (NYSE:AES – Get Free Report) are both utilities companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, earnings, institutional ownership, dividends, valuation, analyst recommendations and risk. Profitability This table compares Iberdrola and AES’s net margins, return […] ....

United States , El Salvador , Puerto Rico , United Kingdom , Energy Services Inc , Get Free Report , Central America , Applied Energy Services , Iberdrola Daily , Otcmkts Ibdsf , Stock Comparison , Stock Analysis ,