Iberdrola to spend $2 bln on U.S. wind power
Spain’s second-biggest power company Iberdrola said on Wednesday that it had bought two small U.S. wind power companies and foresaw spending $2 billion to develop their 1,600 megawatt project portfolio.
Iberdrola bought Iowa-based MREC Partners and Midwest Renewable Energy Projects for 30 million euros, it said in a news release.
Tags: Wind power, Wind energy
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