Iberdrola Renovables: Grants Received In US Rise To $867M
Posted by CITIZEN POWER ALLIANCE at 11:03 AMMADRID (Dow Jones)--Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Monday said grants it has received in the U.S. for renewable energy now amount to $867 million.
The latest grant paid to the company by the U.S. government totaled EUR170 million for investments in the Cayuga Ridge wind park in Illinois.
Iberdrola Renovables is a unit of Spanish utility Iberdrola SA (IBE.MC), and is the world's biggest wind-power generator.
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