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Iberdrola’s Avangrid in talks to buy U.S. utility PNM Resources – sources

Avangrid Inc, the U.S. power utility that is controlled by Spain's Iberdrola SA, is in talks to acquire PNM Resources Inc, a peer active in New Mexico and Texas that is worth more than $6 billion, including debt, people familiar with the matter said on Tuesday. Read More

from Financial Post https://ift.tt/3dLHQha
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