In Short : UAE’s Masdar and Spain’s Iberdrola are jointly investing €5.2 billion in the 1.4 GW East Anglia THREE offshore wind farm in the UK. Located off Suffolk’s coast, the project has secured €4.1 billion in financing and is set to begin operations by late 2026. This investment supports their €15 billion clean energy […]
Iberdrola and Amazon ink 476 MW PPA to expand their renewable energy partnership – EQ
In Short : Iberdrola and Amazon have signed a 476 MW power purchase agreement (PPA) to strengthen their renewable energy collaboration. The deal will support Amazon’s sustainability goals while boosting Iberdrola’s clean energy capacity. This partnership aligns with global efforts to accelerate the transition to renewable power, enhancing energy security and reducing carbon emissions. In […]
Iberdrola increases UK ‘green’ and grid investments to £12 billion – EQ
In Short : Spanish energy company, Iberdrola, has announced plans to increase its investments in UK ‘green’ and grid projects to £12 billion. This investment, which is double the company’s previous commitment, aims to support the UK’s transition to a low-carbon economy by focusing on renewable energy and smart grid infrastructure. In Detail : Spanish […]
EIB, Iberdrola sign €1 billion loan to accelerate energy transition in Europe – EQ Mag
The operation is part of the EIB’s financing package in support of REPowerEU, the EU plan to strengthen Europe’s energy autonomy. The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants […]
Iberdrola plans sale-leaseback deal for wind and solar farm land: sources – EQ Mag
LONDON : Power company Iberdrola plans to sell and lease back land on which some of its wind and solar farms are located as it seeks to lower its borrowing costs, according to three sources close to the deal. Barclays is advising on the transaction, which includes the creation of a company that will own […]
Iberdrola signs Mexican renewables MoU – EQ Mag
Deal with Mexico Infrastructure Partners to advance development in the country Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have signed an memorandum of understanding to advance the development of renewable energy in the country. Executive chairman of Iberdrola, Ignacio Galán (pictured: right) and the President of the Government of Mexico, Andrés Manuel López Obrador (pictured: […]
Iberdrola wins tender for 25-MWp floating solar park in France – EQ Mag
Iberdrola SA (BME:IBE) has made the winning bid in a tender to build a 25-MWp floating solar plant in eastern France’s Alsace region, on the border with Germany and Switzerland, the Spanish electric utility said on Friday. The floating photovoltaic (PV) park will be installed on the basin of the Bischwiller gravel pit, the land […]
Iberdrola wins municipal 25-MWp floating solar project in France – EQ Mag
Iberdrola SA (BME:IBE) said on Thursday it had won a project for a 25-MWp floating solar plant in a tender process that a municipality in France’s Alsace region launched in June 2022. The municipality of Kurtzenhouse selected the Spanish utility to develop, install and operate the floating plant on the basin of the Bischwiller gravel […]
Iberdrola awarded 12 MW of agri-PV projects in French tender – EQ Mag
Iberdrola awarded 12 MW of agri-PV projects in French tender Spanish electric utility Iberdrola SA (BME:IBE) said on Friday it had been awarded four agrivoltaic projects totalling 12 MW in France’s tender for innovative solar installations, which wrapped up earlier this month. All four projects are for 3-MW systems, which had to be based around […]
Iberdrola and Solvay team up to produce green electricity – EQ Mag Pro
The new photovoltaic plant will supply electricity to Solvay’s industrial sites in Tavaux and Saint Fons (France), helping to accelerate the decarbonisation of the Solvay group. Iberdrola and Solvay are partnering in a new project to supply green electricity to Solvay’s plants in Tavaux and Saint Fons (France). Under the agreement, a 172-hectare site will […]