Latest news

Iberdrola sells its 32 French wind farms

Spanish utility Iberdrola SA (IBDSF), the world’s largest operator of wind farms, is selling 32 French wind farms to a consortium including General Electric for 400 million euro.

read more... 03/01/2013

news

Areva to provide turbines for the Wikinger project in the German Baltic Sea

Iberdrola, a Spanish offshore wind technology developer has chosen the French provider Areva to supply the turbines for its 400MW Wikinger offshore wind project in the German Baltic Sea which will be built in 2016 and 2017. The two companies will now begin the consultation to decide the commercial and technical details of the supply contract.

read more... 20/12/2012

news

Spanish utility Iberdrola to sell 5 bilion euros in assets to curb its debt

Spain’s largest utility Iberdrola is planning to slash investments and to sell as much as 5 billion euros ($6.5 billion) in assets as part of a strategic plan that aims to curb debt and maintain profitability.

read more... 25/10/2012

news

World’s largest wind farm will be built in British waters

Spanish utility Iberdrola together with the Swedish company Vattenfall has started the construction of the world’s largest wind power project East Anglia, as Iberdrola intends to become the world leader in offshore wind farm technology.

read more... 10/10/2012

news

Iberdrola to sell a stake in UK power grid to reduce its debt and finance further investments

Spanish power company Iberdrola, which owns the Scottish Power, is envisaging the sale of a minor stake in its UK power grid, valued at 4.5 billion pounds ($7.3 billion), as a strategy to reduce its debt and to fund the upgrade of Scottish electricity transmission grid.

read more... 28/09/2012

news