Iberdrola sells ten minihydraulic plants in Spain to GEP (cube)
Iberdrola He has signed a sale agreement with the Spanish firm Green Energy Platform (GEP), controlled by the Luxembourg Infrastructure Infrastructure Managers (Cube IM) infrastructure fund, for the sale of a total of a total of a total of Ten minihydraulic plants with a total installed capacity of 31 megawatts (MW) Located in La Rioja, Navarra, Castilla La Mancha and Castilla y León, they reported in company sources.
This operation, which is the sixteenth corporate operation announced in the last 12 months by electricity, is part of the energy strategy chaired by Ignacio Sánchez Galán of rotation of non -strategic assets.
In fact, taking into account the strategic plan 2024/2026, Iberdrola already exceeds the 10,000 million euros in alliance and disinversion operations.
The sale of these centrals adds to 37 assets with a total of 66 MW sold by Iberdrola to the GEP-Cube herself between 2021 and 2022.
GP is the Cube platform dedicated to renewable energy investments in Iberia and has a Diversified portfolio of renewable energy assets, which includes minihydraulic plants and photovoltaic solar -both operational as in development.
The GEP portfolio includes some 165 MW of total power generation capacity, of which 36.1 MWP are of photovoltaic solar energy in an advanced development phase.
