Spain's Iberdrola offer for Australia's Infigen worth $635m now after condition met

Spain's Iberdrola offer for Australia's Infigen worth $635m now after condition met

Sydney Opera House, Sydney, Australia. Photo by Frans on Unsplash

Spain’s Iberdrola said on Friday it received further acceptances from shareholders for its takeover of Australian wind and solar firm Infigen Energy, meeting a condition that would see the offer price increase by 3 cents.