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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.

reuters.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

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