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Iberdrola agrees to buy 80% stake in Finland’s Caruna for EUR 2.01 billion

PUBT·07/21/2026 16:41:47
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Iberdrola agrees to buy 80% stake in Finland’s Caruna for EUR 2.01 billion
  • Iberdrola agreed to buy an indirect 80% stake in Suomi Power Networks MidCo, owner of Finland’s Caruna and Caruna Espoo distribution utilities.
  • Enterprise value for 100% of the Caruna group set at about EUR 5 billion, including net financial debt.
  • Equity price for the 80% stake totals about EUR 2.01 billion, split into about EUR 1.01 billion at closing and about EUR 1 billion deferred.
  • Deferred payment due within 30 months of closing, subject to customary adjustments.
  • Closing expected in late 2026 or in the first quarter of 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iberdrola SA published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.