Iberdrola 透过收购 ENW 加强电网业务
市场调查报告书
商品编码
1528172

Iberdrola 透过收购 ENW 加强电网业务

Iberdrola Ramps-up Networks Business through ENW Acquisition

出版日期: | 出版商: Wood Mackenzie - Power & Renewables | 英文 | 商品交期: 最快1-2个工作天内

价格
简介目录

报告概述

Iberdrola 同意以 17 亿英镑(约 22 亿美元)现金收购英国电网营运商 Electricity North West (ENW) 85.6% 的股权。 Iberdrola 计划在交易完成后进一步注资 4 亿英镑(5.13 亿美元),并将其持股比例增加至 88%。透过此次交易,Iberdrola 显着增强了其电网业务。根据监管资产价值 (RAV) 计算,双方同意收购 ENW 是一项重大收购,将成为继国家电网之后的英国第二大电力网路营运商。此次收购完全符合 Iberdrola 的成长策略,并有意义地增加其监管资产基础。

目录

  • 执行摘要
  • ENW 是一个明确的策略契合点
  • 在英国收购
  • 交易估价合理
  • 业务和财务综效带来的成长可能性
  • 您有哪些进一步收购的方案?
简介目录
Product Code: 150297581

Report Summary:

Iberdrola has agreed to acquire an 85.6% stake in Electricity North West (ENW), a UK power networks operator, for Pound 1.7 billion (c.US$2.2 billion) in cash. Iberdrola will inject a further Pound 400 million (US$513 million) after transaction close and increase its holding to 88%. Iberdrola has meaningfully bolstered its power networks business through this deal. The agreed purchase of ENW is a significant acquisition that has created the number two power networks operator in the UK behind National Grid, based on Regulated Asset Value (RAV). The acquisition is entirely in line with Iberdrola's growth strategy and will deliver a meaningful uplift to its regulated asset base.

Table of Contents

  • Executive Summary
  • ENW is a clear strategic fit
  • The acquisition was in the UK
  • Deal valuation appears reasonable
  • Operational and financial synergies offer potential upside
  • Are further acquisitions on the cards?