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3 clusters · 14 sources · 15 days · First seen · Last updated

Iberdrola global energy infrastructure developments

Overview

Iberdrola is advancing several large-scale energy infrastructure and renewable energy projects globally. In the Basque Country, the company and the Basque Government are progressing with the Ekienea photovoltaic project in Álava. This 107.6 MW solar plant, located primarily in Armiñón, has entered the public information phase to secure administrative construction authorization following positive environmental assessments.

On a broader scale, Iberdrola is reviewing its global strategic investments. In the United Kingdom, the company is integrating a Manchester-based distributor following a 5 billion euro investment and commencing submarine line works under the 26/31 regulatory framework, involving a total investment of 15 billion euros. In the United States, investments continue in transport and distribution networks, including a recently commissioned offshore wind farm in Massachusetts involving a 4 billion euro investment. Additionally, the company is managing the acquisition process for the Finnish distributor Caruna, valued at 5 billion euros, and managing grid business developments in Brazil.

In Spain, a joint venture between Iberdrola and Naturgy, A Senra Infraestucturas, has requested a concession from the Confederación Hidrográfica del Miño-Sil to utilize water from the Sil and Edrada rivers. The proposal seeks to harness up to 75,000 liters per second in Parada de Sil for a hydraulic energy storage plant. The request has entered a one-month public information period, though project sources have stated that “no investment decision has been made” at this time, as future steps depend on securing concessions and capacity payments.

Entities

Iberdrola · Ekienea · Alava · A Senra Infraestucturas · Armiñón

Timeline

  1. 7 days ago

    [BUSINESS] 7 sources
    Iberdrola and Naturgy seek water rights for new hydroelectric project

    Iberdrola and Naturgy, through their joint venture A Senra Infraestucturas, have applied for water rights from the Sil and Edrada rivers to develop a hydraulic energy storage plant in Spain.

  2. 17 days ago

    [BUSINESS] 6 sources
    Iberdrola reviews global infrastructure projects and expansion

    Iberdrola met in Bilbao to review major international projects, including UK grid expansions, US offshore wind operations, and the acquisition of Finland's Caruna, amid expectations of strong financial growth.

  3. 22 days ago

    [BUSINESS] 2 sources
    Iberdrola and Basque Government advance largest solar plant in Euskadi

    Iberdrola and the Basque Government are moving forward with the Ekienea solar plant in Álava, the largest photovoltaic project in the Basque Country, with 107.6 MW of installed capacity.

Sources

atalayar.com · cronicaeconomica.com · elidealgallego.com · elplural.com · expansion.com · galiciapress.es · globalenergy.mx · hispanidad.com · merca2.es · moncloa.com · okdiario.com · renovablesverdes.com · womenceo.es · WWW.diariodenavarra.es

This summary has been updated 1 time: see revision history