SPAIN ROUND UP: Sonnedix and Prosolia turbocharge their solar portfolios with thrilling new project acquisitions, while Iberdrola electrifies Spain’s renewable energy landscape by sealing a groundbreaking power purchase agreement with Burger King
Browsing: Iberdrola
Spain’s Cox has made a daring move by acquiring Iberdrola’s Mexican assets in a $4.2 billion deal, significantly boosting its footprint in Latin America’s vibrant energy market. This groundbreaking transaction marks a pivotal change in the ownership landscape of the region’s power sector
Spain’s Cox is targeting Iberdrola’s Mexican assets and other strategic opportunities to supercharge growth, the CEO reveals. The energy powerhouse is on a mission to expand its footprint across Latin America, leveraging key acquisitions to strengthen its market leadership
The European Investment Bank has greenlit a substantial €108 million loan to Iberdrola, paving the way for an exciting upgrade of its pumped hydro storage facilities in Spain. This strategic investment is set to significantly boost renewable energy integration and strengthen the nation’s ambitious energy transition initiatives.
Iberdrola has cautioned that energy prices in Spain could surge if the government decides to close nuclear plants. The utility company emphasized that these facilities are crucial for maintaining stable energy costs amid rising demands.