CompaniesEnergyMergers & acquisitionsPrint articleUAC to foil Iberdrola's bid for full control of InfigenAngela Macdonald-SmithSenior resources writerJul 29, 2020 – 9.29amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginPhilippines-controlled UAC Energy has increased its stake in Infigen Energy to 20 per cent and made it clear it wants to remain a material shareholder, even after ceding the $893 million takeover battle for the wind farm owner to rival Iberdrola.The increase in UAC's stake, which was flagged by The Australian Financial Review's Street Talk column, rules out the possibility that it would sell its holding to Iberdrola and taking the Spanish player easily over the 50 per cent control threshhold.Loading...Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreMergers & acquisitionsInfigen EnergyRenewablesElectricityLatest In EnergyFetching latest articlesMost Viewed In CompaniesThe Australian Financial Review MagazineThis is the party you get invited to when you’re a top VC&A customerMatthew DrummondHow the billion-dollar wellness industry took over your holidayWhat rowing taught this CEO about team workBOSS Financial ReviewBy the time he was 37 this exec was running IBM in AustraliaSally Patten and Lap PhanWhy I quit advertising to set up a haircare company in my late 40sWhat happened when Domain learnt it spent $36m a year on meetingsLife & LeisureThe other white burgundy is stepping out of chardonnay’s shadowMax AllenForget tavernas – discover authentic Greek cuisine with the cool crowdHow to make the most of the south of France’s best artRich ListProperty billionaire Nick Andrianakos dies in GreeceYolanda RedrupCannon-Brookes describes ‘deep internal conflict’ over his private jetOscar Piastri on the secret of his $41m-a year success
