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Home » News » Iberdrola and Norway’s Sovereign Fund Forge Strategic Alliance to Boost Renewable Energy in Spain
Finance

Iberdrola and Norway’s Sovereign Fund Forge Strategic Alliance to Boost Renewable Energy in Spain

By Michelle AdkinsMay 31, 20232 Mins Read
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Credit: Iberdrola
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Iberdrola, Europe's leading electricity company, has finalized the details of a groundbreaking strategic alliance with Norges Bank Investment Management, the sovereign fund of Norway. This collaboration aims to co-invest in a massive 1,265 megawatts (MW) of new renewable energy capacity in Spain, with 20% dedicated to wind power and 80% to solar energy. In compliance

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Castilla Castilla-La Mancha Electric Extremadura Iberdrola Norges Bank Investment Management Norway Renewable energy Spain
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