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Iberdrola and Norway’s Government Pension Fund Global (GPFG), managed by Norges Bank Investment Management, concluded negotiations to add an extra 644 MW of renewable energy in Spain to their Iberian clean energy alliance. This brings the total development to 2,500 MW. Iberdrola will have a majority stake of 51% in the assets. In January of…
Bruc Energy, Alter Enersun partner on 550 MW of PV projects in Spain The companies say the agreement is the result of their complementary strengths and long-term vision of the renewable energy production business in Spain.Renewables investor Bruc Energy and Alter Enersun have agreed to buy 55% of 12 PV power plants in Spain totaling 550 MW. Located in the regions of Andalusia and Extremadura, the solar projects are currently in the construction phase and in advanced development. The Spanish companies have created the Bruc Alter Enersun joint venture to integrate the assets, with Alter Enersun...