Iberdrola to Invest $10B in Brazil Through 2030
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7 Articles
EDP currently operates around 3.5 gigawatts of installed capacity in Brazil, including hydropower, solar and liquefied power plants.
Iberdrola has extended three concessions for the distribution of electricity in Brazil prematurely and plans to invest around EUR 9 billion by 2030 via Neoenergia. The plan almost doubles the investments over the last five years and underlines the company's commitment to the power grids. Iberdrola is launching a new growth phase in Brazil, [...] The post Iberdrola launches a € 9 billion investment plan in Brazil first appeared on latinapress new…
Iberdrola Launches New Investment Cycle In Brazil With Nearly 50 Billion Reais Committed To Electricity Networks Through 2030
Iberdrola, through Neoenergia, has announced a new investment cycle in Brazil worth nearly 50 billion reais, nearly doubling previous investments. This initiative focuses on modernizing and digitalizing Brazil’s electricity infrastructure to enhance service quality and support economic growth. The early renewal of three concessions underscores the company's strong performance and dedication to improving energy security and sustainability in Braz…
Fourteen concessionaries of energy distribution in Brazil pledged this Friday to make investments of R$ 130 billion (approximately $26,458 million or some 22,425 million euros) after an agreement with the Government to renew their contracts early for 30 years. Among the companies interested with new investments to modernize and expand their networks, as well as to meet more rigorous quality goals in the provision of their services, include Neoen…
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