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.
URL to article: https://www.wind-watch.org/news/2006/10/18/iberdrola-to-spend-2-bln-on-us-wind-power/