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IBDRY - Iberdrola to sell British power assets to Drax for Euro801M
Iberdrola SA ADR Repstg 1 Ord Shs
Spanish utility Iberdrola (OTCPK:IBDSF, OTCPK:IBDRY) agrees to sell a group of Scottish gas, hydro and pumped storage power plants to Drax Group (OTC:DRXGF) for €801M ($927M) as part of its asset rotation plans.
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