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05 Sep
14:11

Iberdrola to invest nearly €3 billion in Australia’s energy transition

Spanish utility company Iberdrola confirmed on Monday it will invest nearly €3 billion ($3.01 billion) in Australia as a step towards international leadership in the energy transition, Kallanish reports. The investment is aimed at boosting the switch to renewables in the country and should enable a renewables portfolio of 4,000 megawatts in the coming years. Iberdrola has already invested €2 billion in Australia and currently operates a portfolio of ove…
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