Iberdrola SA has acquired 40 megawatts (MW) of wind technology capability onshore Italy from Italy’s Belenergia and France’s RGREEN INVEST, which grows the Spanish energy and gasoline utility’s put in renewable vitality (RE) capability in Italy to about 450 MW.
“The asset, which was commissioned in 2018 and advantages from a long-term incentive scheme that ensures secure money flows, is positioned near the Lucania Advanced, the place Iberdrola is growing completely different vegetation together with Montelungo PV (20 MW), which is presently beneath development”, Iberdrola mentioned in a press launch.
“This plant additionally provides to the Etruria Advanced, which already has a capability of 174 MW – following the current acquisition of a photo voltaic photovoltaic plant in Lazio – and to Fenix, a 243-MW photo voltaic photovoltaic venture, the biggest up to now in Italy, bringing Iberdrola to roughly 450 MW of put in renewable capability within the nation”.
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“The acquisition can also be absolutely aligned with the Group’s Strategic Plan, which focuses on technology tasks with long-term contracts in international locations with sturdy credit score scores and secure, predictable and enticing regulatory frameworks”, Iberdrola added.
Belenergia chief government Jacques Édouard Levy mentioned individually, “The proceeds shall be redeployed into the event of a number of new wind farms in Southern Italy, reinforcing our long-term dedication to this territory”.
On the finish of the primary quarter (Q1) Iberdrola’s put in capability stood at 58,877 MW, up 3.8 p.c from the identical interval final yr. Renewables accounted for 46,741 MW, principally onshore wind (21,320 MW), based on its quarterly report.
As of Q1, Iberdrola’s largest markets when it comes to web energy manufacturing have been Spain (18,177 gigawatt hours), the US (6,734 gWh) and Brazil (2,938 gWh), based on the report. Finishing the highest 5 have been Mexico (2,849 gWh) and the UK (2,612 gWh); nonetheless, Iberdrola mentioned final month it had accomplished its Mexican exit in a $4-billion sale to Spain’s Cox Abg Group SA.
In addition to Italy, Iberdrola has progressed renewables capability progress in its different smaller markets in Europe.
Earlier in 2026 Iberdrola put into operation a 65-MW photo voltaic plant in Saxony-Anhalt, Germany. The plant provides Salzgitter AG to help its inexperienced metal manufacturing, based on an Iberdrola assertion January 7.
Additionally in 2026 it launched set up for battery vitality storage programs on the Alcochete I and Algeruz II photo voltaic vegetation within the Portuguese district of Setúbal.
“The batteries for each tasks will present a mixed storage capability of 180 MWh-100 MWh at Alcochete I and 80 MWh at Algeruz II – and a complete output capability of 45 MW (25 MW and 20 MW, respectively)”, Iberdrola mentioned in a media launch March 31. “Collectively, they may be capable of provide electrical energy for as much as 4 hours to greater than 10,000 houses”.
In one other Portuguese venture, Iberdrola secured a EUR 175-million ($204.97 million) mortgage from the European Funding Financial institution to construct two wind farms with a mixed capability of 274 MW, sufficient for 400,000 individuals based on the corporate.
To be built-in into Iberdrola’s Tâmega pumped storage hydropower complicated, the wind farms shall be a part of “the primary venture with a hybrid connection between pumped storage and wind energy in Portugal and one of many largest vitality initiatives within the nation”, Iberdrola mentioned in a information launch January 15.
In Poland, Iberdrola in 2026 secured EUR 44 million in funding from the Polish Nationwide Fund for Environmental Safety and Water Administration for 3 BESS tasks with a collective capability of 160 MW, as introduced by Iberdrola January 30.
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