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Iberdrola will make in Italy wind and photovoltaic plants for a total capacity of approx 400 megawatts. In this way, the Spanish company will be able to produce a volume of green and competitive energy equivalent to average consumption of 260 thousand families. The expected total investment is of 300 million euroshalf of which obtained on loan thanks to a company agreement with the European Investment Bank (EIB).

In particular, thanks also to the contribution of the European Union institute, Iberdrola will build solar, photovoltaic and wind power plants of small and medium sizemainly in the regions of southern Italy. The investment by the company and the financing by the EIB will also have positive effects on the territory in terms of infrastructure and employment. In fact, the projects also include the construction of access roads, substations and interconnections.

They will increase the production of power clean And the security of supply, but not only. To benefit from the works of Iberdrola will also be the economy of the area concernedstarting from the aspects that concern the occupation. The estimate is that, during the construction phase of the plants and the infrastructures connected to them, they will be around six hundred people are employed every year.

Iberdrola – comments the country manager of Iberdrola Renovables Italia Valerio Faccendapursues its commitment a contribute to green energy in Italya very important industrial country for the European economy“. In Italy, the company can already count on a portfolio of projects for nearly 3,000 megawattsamong which a 23 megawatt photovoltaic park already operational.

In line with their own ambitions growth goals – adds Faccenda – In December, Iberdrola set up the JV iCube Renewables in Italy, a development platform with an initial portfolio of projects for over 600 megawatts which will give even more impetus to the growth of our company in the country”.

For the European Investment Bank – he has declared the vice president Gelsomina Vigliottiit is a priority to secure funding that secures an energy supply renewable and sustainable. We are pleased to collaborate with Iberdrola in the development of its first renewable plants in Italy, confirming our commitment to the achievement of climate goals”.

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