Iberdrola commits €41bn to electrification, promising job creation and renewable energy expansion

Iberdrola commits €41bn to electrification, promising job creation and renewable energy expansion

In a major move towards sustainable development, Iberdrola has announced its plan to invest €41 billion and hire 10,000 individuals by 2026, accelerating the electrification process. This massive investment includes the acquisition of an 18.4% stake in Avangrid, previously disclosed. Additionally, Iberdrola’s partners in renewables are set to contribute €5 billion, effectively netting the investment […]