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EIB and Iberdrola Sign €108M Green Loan to Boost Valdecañas Hydro Storage
EIB and Iberdrola Sign €108M Green Loan to Boost Valdecañas Hydro Storage
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5 days ago

EIB and Iberdrola Sign €108M Green Loan to Boost Valdecañas Hydro Storage

The European Investment Bank (EIB) has entered into two green loan agreements with Iberdrola for a total of €108 million to finance modernization at the Valdecañas hydroelectric facility in Spain. The package of financing comprises a €50 million loan from EIB's own resources and a further €58 million from the...

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7 days ago

Repsol Launches Chile’s Largest Wind Farm

Repsol has commenced electricity production at Antofagasta Phase 1, the company's biggest wind power project to date and one of the largest wind farms in Chile. The facility is situated in the Taltal municipality of the Antofagasta region and has an overall installed capacity of 364 megawatts (MW) and marks...

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8 days ago

EirGrid Launches €1 Billion Procurement Drive to Fuel Offshore Grid Development

EirGrid, Ireland's national electricity transmission system operator, has launched a record-breaking €1 billion plus procurement programme to enable the build-out of offshore electricity infrastructure. The launch took place at the 2025 WindEurope conference in Copenhagen and represents a milestone in Ireland's journey to a low-carbon future. Plan-Led Offshore Rollout Moves...

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11 days ago

Matrix Renewables Enters UK Market with Major Battery Storage Partnership

Matrix Renewables, the renewable energy platform backed by TPG Rise, has announced its official entry into the UK energy sector through a new partnership with Green BESS Developments (UK) Limited. Together, the companies will advance the development of two large-scale standalone battery energy storage system (BESS) projects in Scotland. The...

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