Iberdrola, Norway's Fund Negotiate Extending Shared Renewable Portfolio, Cinco Dias Reports
19 Settembre 2023 - 3:01PM
Dow Jones News
--Iberdrola and Norway's sovereign wealth fund Norges are
increasing the size of the renewable portfolio under their
partnership by one gigawatt, Cinco Dias reports, without specifying
its sources.
--The new assets would be valued at around 1 billion euros
($1.07 billion) and the total assets under the alliance at EUR2.2
billion, according to the Spanish newspaper.
--The Spanish energy company said in May that it had finalized
the details to co-invest in a 1.265-gigawatts portfolio of new
renewable capacity in Spain with Norges Bank Investment Management,
and was working to include an additional 500 megawatts of assets to
the shared portfolio.
Full story in Spanish: https://shorturl.at/hyY37
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
September 19, 2023 08:46 ET (12:46 GMT)
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