#Iberdrola

Iberdrola SA has signed an agreement to receive a €500 million syndicated green loan to support its renewable energy projects in the US, Australia and Italy.

Iberdrola SA has obtained the construction permit for the 101 MW El Escudo wind farm located in the autonomous community of Cantabria.

Iberdrola has announced that the Montechoro I and II PV plants, located in Algarve, Portugal, have been completed and now contribute to the country’s renewable production capacity.

The project will have a capacity of 274 MW and will be built in the districts of Vila Real and Braga.

Located off the coast of Brittany, the project’s production is around 1,820 GWh/year, about 9% of Brittany’s total consumption.

The agreement comes after Avangrid abandoned an $8.3 billion deal to acquire US competitor PNM Resources in January.

Once completed, the project will generate enough electricity to supply around 475000 homes annually.

ENWL delivers electricity to about 5 million customers in Manchester, Lancashire and Cumbria.

The project would consist of New England Wind 1 and New England Wind 2.

The wind farm will be located on the island of Honshu.

Around €21.5 billion will be invested into its network business, while will be invested €15.5 billion in renewables.

The funds are aimed at improving the efficiency and resilience of the power grid and helping connect more renewable energy sources.

The solar power plant will be one of the largest in Italy.

Iberdrola and Masdar have joined forces in an effort to invest in offshore wind and green hydrogen in several countries.

Iberdrola has completed the construction in of the first hybrid wind and solar photovoltaic plant in Spain.

Iberdrola has connected the Saint Brieuc offshore wind farm to the French power grid.

Brazil, Brasilia: Iberdrola has signed a strategic agreement with GIC for the development of transmission networks in Brazil for $473 M.

Germany: Iberdrola has announced the completion of the offshore substation topside (OSS) installation at its 476 MW Baltic Eagle offshore wind farm.

Iberdrola has signed a $159 M (€150 M) loan agreement with the European Investment Bank (EIB) to build 400 MW of wind and PV solar projects in Italy.

Iberdrola and Prosolia Energy have announced securing approvals for the construction of Europe’s largest PV plant, fifth largest worldwide.

50Hertz has selected the Dutch-Belgian joint venture to deliver the Ostwind 3 offshore HV substation in the Baltic Sea.

Poland: A team from Iberdrola has paid a visit to ZREW transformer factory in Lodz to supervise progress in the manufacturing of a 30/110 kV, 63 MVA power transformer.

Brazil: The power grid line will be laid between the Brazilian states of Minas Gerais and São Paulo.

France: The offshore substation topside and jacket foundation for the Saint-Brieuc offshore wind farm have been loaded and will soon be transported to France.