Deal facts
- Buyer
- IBERDROLA
- Target
- CARUNA
- Deal value
- Not disclosed
- Announced
- 20 August 2026
- Status
- In review
- Sector
- Energy
- Country
- Not stated
- Consideration
- Not stated
Sources
Iberdrola has agreed to acquire Caruna in a strategic acquisition within the energy sector. The deal was announced on 20 August 2026. This transaction represents a significant move for Iberdrola as it seeks to expand its operational footprint and strengthen its position in the market. Caruna, the target company, will be integrated into Iberdrola’s existing portfolio following the completion of the acquisition process. The specific financial terms of the deal have not been disclosed, and no details regarding the consideration type were provided in the available information. This lack of financial detail is common in early-stage announcements where parties are still finalising the precise structure of the transaction.
The acquisition is currently in review, indicating that regulatory or internal approvals may still be pending. The completion date has not yet been determined and remains subject to the successful conclusion of these necessary steps. Stakeholders will need to await further updates as the process progresses towards finalisation. This status suggests that while the agreement has been reached, the legal and administrative formalities are still underway. The outcome of this review will determine the timeline for the actual transfer of ownership and the subsequent integration of Caruna’s operations into Iberdrola’s broader business framework.
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IBERDROLA / CARUNA
FormalInvestigationPhase1Merger IBERDROLA / CARUNA
EU DG COMP
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Buyer history
IBERDROLA
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