8 September of 2022
The Spanish company Iberdrola is taking another step forward in its international leadership in the energy transition to reduce dependence on fossil fuels. The company has committed to a major investment of between €2 and €3 billion in Australia with the aim of boosting the switch to renewables in the country and reaching 4,000 MW in the coming years. Iberdrola has already invested €2 billion in the country.
This announcement was made during the trip of Ignacio Galán, the company’s Chairman, which began today in Melbourne, where he will hold meetings with key energy policy leaders and visit several of the renewable projects that the company is carrying out in the region.