Iberdrola secures €130 million from JICA to modernize Brazil's networks
The loan will fund grid upgrades in Bahia, aims to improve efficiency and reliability, and is linked to sustainability performance.
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iberdrola.comLast updated
In short: Iberdrola reported record dividends and billion-euro investments in Brazil, while unions called for national strikes following a 16-month deadlock.
The loan will fund grid upgrades in Bahia, aims to improve efficiency and reliability, and is linked to sustainability performance.
The funds aim to accelerate electrification, with over 300 AI projects underway across operations.
The two-tranche issue attracted over €4.5 billion in orders and will finance grids and renewables.
The investment will expand, modernize, and digitalize networks and connect new agri-food industries, announced at Bahia Farm Show by Chairman Ignacio Galán.
As this newspaper published at the beginning of the year, companies were exploring all options to legally appeal the remuneration to...
'The proceeds will be used to finance network investments in Iberdrola's core markets, as well as to refinance selected renewable energy projects'.
Iberdrola's staff in Spain, which includes more than 9,300 workers, is called to support a strike nationwide this Friday...
Iberdrola raises 1.5 billion with green bonds and demand exceeds all forecasts. The utility reinforces its leadership in sustainable finance while preparing a...
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