2022-10-01
http://w3.windfair.net/wind-energy/news/41512-ebrd-spain-iberdrola-loan-financing-reneable-energy-boost-wind-farm-solar-rural-area-facility-energy-transition-construction-jobs

Iberdrola gets loan for renewable energy projects

Image: PixabayImage: Pixabay
The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Spain’s energy transition by developing new renewable energy capacity, especially in rural areas.

Official Press Release EBRD:

Spain: Iberdrola and EIB sign €550 million green loan to boost renewable energy

Wind Industry Profile of
Spain: Iberdrola and EIB sign €550 million green loan to boost renewable energy

The loan will be used to build almost 1 800 MW of wind farms and photovoltaic plants in various locations, most of them in rural areas / The new facilities will supply clean energy equivalent to the annual consumption of nearly 1 million households / The projects will have a significant impact in terms of their contribution to the European Union’s security of energy supply, climate action and social cohesion

The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Spain’s energy transition by developing new renewable energy capacity. The EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total capacity of around 1 800 megawatts (MW). These facilities will produce green and... ... More: Official Press Release EBRD

Keywords:
EBRD, Spain, Iberdrola, loan, financing, reneable energy, boost, wind farm, solar, rural area, facility, energy transition, construction, jobs







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