Iberdrola

Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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EnergyLOOP By Inerdrola and FCC Ambito To Recycle Wind Turbine Blades In Spain

EnergyLOOP will recycle the renewable components of the wind turbine blades for reuse in as many sectors as possible solving the long term challenges facing Spain. Launched by Iberdrola and FCC Ámbito, EnergyLoop is an initiative meant for energy transition and ensure circular economy in Spain gearing up for installation of the first blade recycling […]

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Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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ScottishPower Acquires 800MW Solar Portfolio in UK

ScottishPower, owned by Spanish energy firm Iberdrola, has signed two deals to acquire 17 solar photovoltaic (PV) projects in Britain, with a combined capacity of more than 800 megawatts (MW), the company said on Friday. The deals take ScottishPower’s market share of Britain’s solar industry to 9% from 2%, the firm said. ScottishPower has bought […]

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Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg

Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […]

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Iberdrola to Invest £6 B in UK Offshore Wind Complex

Spanish electric utility Iberdrola, through its subsidiary Scottish Power, plans to invest £6 billion in developing an offshore wind complex – East Anglia Hub – in the UK, the company’s biggest investment anywhere in the world and one of the largest offshore wind projects worldwide. Iberdrola’s chairman, Ignacio Galán, announced this undertaking at the Global […]

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RES Sells Large 245MWdc Australian Solar Farm to Iberdrola

UK renewable company RES has sold its Avonlie solar development project to Spanish electric utility Iberdrola. The project is located in New South Wales, Australia, and is RES’ largest ever solar development with generating capacity standing at 245 MW dc / 190 MW ac. When operational, 450,000 solar panels, mounted on single axis tracking system, are expected […]

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Renault Group Signs Agreement with Iberdrola to Reach Zero Carbon Footprint in its Factories

Renault Group and Iberdrola today signed a strategic partnership to reduce the CO2 emissions of Renault’s energy consumption in Spain and Portugal. Under the agreement, Iberdrola will supply green energy on a long-term basis, while implementing heat electrification and energy efficiency systems at the manufacturer’s facilities. Additionally, Iberdrola will analyse on-site renewable projects, electrify mobility and […]

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Iberdrola, bp & Enagás to Study Largest Green H2 Production in Valencia

Bilbao-based Spanish energy giant Iberdrola has recently revealed that it is collaborating with gas and oil companies Enagas and bp to study the feasibility of  building, at bp’s refinery in Castellón, the first phase of the largest green hydrogen production facility in the region of Valencia. The study aims at examining the possibility of installing […]

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