#Iberdrola


Iberdrola wins contract to build $400M power plant in Mexico

Spain, Bilbao: Iberdrola has been awarded an energy generation project in Mexico, the Noreste combined cycle power plant planned to be built in the municipality of Escobedo in Nuevo León state, which will have a capacity of 850 MW and require an investment of $400 million.

Iberdrola to acquire UIL Holdings for $3 billion

Spain, Bilboa: Spanish utility Iberdrola will buy a Connecticut-based UIL Holdings Corporation for about $3 billion to create a new listed power and electric utility and expand in the United States.

Revamped Basquen substation powered up with new transformer

Spain, Basque: Iberdrola, the Bilbao-based Spanish public electric utility, has opened Pontika substation in the town of Errentia after the substation received a €2.5 million ($2.8 million) capacity and technological upgrade.