Norway’s Wealth Fund to Buy 49% Stake in Iberdrola’s Solar, Wind Projects

Norges Bank Investment Management will pay €600 million for the stake

January 17, 2023

/ B.S. Nagaraj
/ Other, Renewable Energy
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Norway’s sovereign wealth fund Norges Bank Investment Management has signed an agreement to acquire a 49% stake in Iberdrola’s upcoming renewable energy portfolio comprising nearly 1.3 GW of solar and onshore wind projects located in Spain.

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B.S. Nagaraj

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AcquisitionIberdrolainvestmentNorgesSolarwind
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