Iberdrola on Hunt for New-Builds

6 August 2009 (Last Updated August 6th, 2009 18:30)

Spanish utility and renewables company Iberdrola is in talks with Russian firms to supply engineering and construction services for new nuclear sites, the company has announced. Iberdrola is in talks with Russian companies over Kaliningrad and is also believed to be involved in the Sel

Spanish utility and renewables company Iberdrola is in talks with Russian firms to supply engineering and construction services for new nuclear sites, the company has announced.

Iberdrola is in talks with Russian companies over Kaliningrad and is also believed to be involved in the Sellafield land sale.

Iberdrola has undertaken a range of power projects outside Spain including steam generator replacement in Mexico and construction in Romania.

The company's engineering division is leading potential involvement in new nuclear reactors in the Russian exclave of Kaliningrad, which sits on the Baltic Sea between Poland and Lithuania, Iberdrola said in a statement.

The Russian project is slated to begin construction next year.

Iberdrola has also shown interest in buying land adjoining Sellafield in England that will soon be up for sale by the Nuclear Decommissioning Authority (NDA).