Iberdrola completes $5.8bn capital raise for grid investments
The new capital will support a €55bn investment opportunity in grids between 2026 and 2031.
24 July 2025
24 July 2025
The new capital will support a €55bn investment opportunity in grids between 2026 and 2031.
The DoE had concluded that the conditions required to issue the guarantee are unlikely to be fulfilled.
Currently under construction, phase one includes the installation of 192MW of capacity and comprises 30 turbines.
The construction of the ground-mounted PV plant is scheduled to begin in October 2025.
The investment is part of a $2.5bn tax equity joint venture between Greenprint Capital and AB CarVal funds.
The agency's latest report highlights that 91% of new renewable projects were more cost-effective than new fossil fuel alternatives last year.
The solutions will utilise steam and electricity from Oklo’s advanced nuclear power plants.
The DoE had concluded that the conditions required to issue the guarantee are unlikely to be fulfilled.
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