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Iberdrola creates JV with insurance firm to invest in 1GW of Spanish renewables News Image: Iberdrola. Iberdrola has formed a strategic alliance with insurance company Mapfre that will initially invest in 230MW of clean energy projects in Spain, including 130MW of solar PV. The joint venture will add more assets over time, as well as new renewable plants from Iberdrola’s pipeline, targeting a portfolio of up to 1GW. Mapfre is the majority shareholder in the vehicle with an 80% stake, while Iberdrola owns the remaining 20%. The first 130MW of PV projects are being developed in Castilla-La Ma...

Iberdrola and MAPFRE have created a new strategic alliance to make joint investments in renewable energies in Spain. The utility and the insurance company have set up a pioneering co-investment vehicle to achieve their goals that includes 230MW of green projects, both wind and solar photovoltaic (PV), from the utility's portfolio. The agreement foresees adding more operating assets over time, as well as new renewable projects under development from the energy company's pipeline, targeting 1GW.  MAPFRE is the majority shareholder in the vehicle with an 80% stake, while Iberdrola holds the ...

Advertisement Iberdrola and MAPFRE have created a new strategic alliance to make joint investments in renewable energies in Spain. The utility and the insurance company have set up a pioneering co-investment vehicle to achieve their goals that includes 230 MW of green projects, both wind and solar photovoltaic (PV), from the utility's portfolio. The agreement foresees adding more operating assets over time, as well as new renewable projects under development from the energy company's pipeline, targeting 1000 MW. MAPFRE is the majority shareholder in the vehicle with an 80% stake, while Iberdr...

Seat, Iberdrola and the Volkswagen Group have signed an alliance to promote electrification in Spain. The main objectives of the collaboration, which was signed within the framework of the Power Day organised by the Volkswagen Group, are to supply renewable energy in the electric vehicle value chain, as well as develop and create a public charging infrastructure network. The plan calls for the supply of renewable energy for the Group's facilities in the Iberian Peninsula. The alliance, which can be extended to other countries, also calls for the supply of energy with guarantees of renewable ...

Go to Photos 1 The energy company becomes a strategic partner for the supply of renewable energy in the vehicle value chain and together they will develop a public charging infrastructure network This alliance will contribute to achieving the emissions reduction targets set by the Green Deal and the decarbonisation of Spain Iberdrola, SEAT S.A. and the Volkswagen Group have strengthened their commitment to electric mobility by signing a strategic alliance to promote electrification in Spain. The main objectives of the agreement, which was signed during the Power Day organi...