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    Home > Finance > Iberdrola raises stake in Brazilian business Neoenergia to 84% for $2.2 billion
    Finance

    Iberdrola raises stake in Brazilian business Neoenergia to 84% for $2.2 billion

    Published by Global Banking & Finance Review®

    Posted on September 11, 2025

    1 min read

    Last updated: January 22, 2026

    Iberdrola raises stake in Brazilian business Neoenergia to 84% for $2.2 billion - Finance news and analysis from Global Banking & Finance Review
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    Tags:equityinvestmentfinancial community

    Quick Summary

    Iberdrola has increased its stake in Neoenergia to 84% by acquiring shares from Previ for $2.2 billion, enhancing its position in Brazil's energy sector.

    Table of Contents

    • Iberdrola's Strategic Investment in Brazil
    • Details of the Acquisition
    • Impact on Neoenergia's Operations

    Iberdrola Increases Ownership in Neoenergia to 84% with $2.2 Billion Deal

    Iberdrola's Strategic Investment in Brazil

    (Reuters) -Spanish power utility Iberdrola has bought a 30.29% stake in its Brazilian business Neoenergia from Brazilian pension fund Previ for 11.95 billion reais ($2.21 billion), it said on Thursday.

    Details of the Acquisition

    The acquisition will lift Iberdrola's stake in Neoenergia to 83.8%, it said.

    Impact on Neoenergia's Operations

    (Reporting by Javi West LarrañagaEditing by David Goodman)

    Key Takeaways

    • •Iberdrola acquires 30.29% of Neoenergia from Previ.
    • •The deal is valued at 11.95 billion reais ($2.21 billion).
    • •Iberdrola's stake in Neoenergia rises to 83.8%.
    • •The acquisition strengthens Iberdrola's presence in Brazil.
    • •The transaction involves a major Brazilian pension fund.

    Frequently Asked Questions about Iberdrola raises stake in Brazilian business Neoenergia to 84% for $2.2 billion

    1What is equity?

    Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of an owner's stake in the business after all liabilities have been deducted.

    2What is an acquisition?

    An acquisition is the process of one company purchasing most or all of another company's shares to gain control of that company. It often aims to expand market reach or enhance capabilities.

    3What is a pension fund?

    A pension fund is a type of investment fund that collects and invests money to provide retirement income for employees. It is typically managed by financial institutions.

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