Iberdrola's Scottish Power, Ovo Energy in merger talks - Sky News
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
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Should l Buy ?
Source: SeekingAlpha
Merger Talks: Iberdrola's Scottish Power and Ovo Energy are in preliminary discussions about a potential merger that could form the U.K.'s third-largest home energy supplier.
Acquisition Dynamics: Ovo, with 4 million customers, is likely to lead the acquisition, while Iberdrola may provide cash and retain a stake in the new entity, which would include Scottish Power's 2.4 million households.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
