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Iberdrola is the only Spanish company – the only major European electricity utility – to be recognised as one of the most ethical companies in the world, according to the 2021 World´s Most Ethical Companies ranking by the prestigious Ethisphere Institute.
Iberdrola has once again been selected for the eighth consecutive year in a ranking made up of 135 companies from 22 countries and 47 different industries, which has also recognised for the third consecutive year the commitment to good business practices of its North American subsidiary AVANGRID. In the Energy and Utilities category, only five multinationals were included this year.
In compiling this ranking, the Ethisphere Institute assesses more than 200 indicators of environmental, social and cultural practices; activities related to ethics and compliance; governance and diversity; and initiatives that help sustain the supply chain. In addition, in this new edition, the organisation has assessed how companie
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PR Newswire
SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ Pattern Energy Group LP (Pattern Energy) today announced that it has closed financing of a $515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its largest investors. Investors in the fund comprise some of the largest and most respected financial institutions in Japan, including the Development Bank of Japan Inc., which will serve as the anchor investor.
The fund will invest in five renewable energy facilities that were developed, constructed and are now owned and operated by GPI, including Futtsu Solar, Kanagi Solar, Ohorayama Wind, Otsuki Wind, and Tsugaru Wind. The 122 MW Tsugaru Wind power facility is the largest operating wind farm in Japan.
The companies have signed a memorandum of understanding to work together on advancing a wind-hybrid energy project in North Wales which aims to produce 3 GWe of zero-carbon energy and over 3 million kg/y of green hydrogen.