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Iberdrola expands renewable alliance with Norway’s wealth fund
Yahoo Finance·2025-10-01 11:15

Iberdrola has expanded its co-investment alliance with Norway's sovereign wealth fund, managed by Norges Bank Investment Management, through the addition of 708MW of renewable capacity from two photovoltaic projects in Extremadura, Spain. The expansion includes the photovoltaic installations of 328MW Ceclavin and 380MW Tagus XL. As with the previous portfolio additions, Iberdrola will maintain a majority stake of 51% in these assets. The new agreement bolsters the alliance for a 2.5 gigawatt renewable e ...