Iberdrola Secures $1 Billion from EIB to Build 22 Renewable Energy Projects

The loan will co-finance the development of 19 solar and three onshore wind projects

June 13, 2023

/ Finance and M&A, Other, Renewable Energy,

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Spain-based independent power producer Iberdrola and the European Investment Bank (EIB) have signed a loan agreement worth €1 billion (~$1.07 billion) to bolster the energy transition in Europe by building 22 renewable energy projects with an installed capacity of 2.2 GW.

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Gourav Mishra

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Iberdrola Secures $1 Billion from EIB to Build 22 Renewable Energy Projects

Continue Reading with Premium Access

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