Spanish power group Iberdrola, one of the world’s largest investors in clean-energy projects, pledged to ramp up its investments in spite of the coronavirus pandemic. Iberdrola’s total investments in 2020 will hit €10 billion ($10.7 billion), up from €8.15 billion last year, as it barrels ahead with its 9-gigawatt portfolio of projects under construction, half of that capacity due for completion before the year’s end. Speaking at the company’s annual general meeting on Thursday (held remotely), CEO Ignacio Galán offered a glimpse of Iberdrola’s post-pandemic strategy. “As soon as possible, we will speed up our investments in order to contribute to economic activity and prevent…jobs from being lost,” Galán said.
GTM 2nd April 2020 read more »