April 12, 2007
U.S.

Spain's Iberdrola buys U.S. wind power firm CPV

Spanish energy company Iberdrola said on Wednesday it had bought U.S. wind power firm CPV Wind Ventures and would invest 1.5 billion euros ($2 billion) in the company.

The Maryland-based company plans to start building 3,500 MW of wind power next year across 15 U.S. states, Iberdrola said in a statement.

Iberdrola did not disclose financial terms of the deal.

reuters.com

11 April 2007


URL to article:  https://www.wind-watch.org/news/2007/04/12/spains-iberdrola-buys-us-wind-power-firm-cpv/