BME:IBEElectric Utilities
Iberdrola Deepens Australian Push With Full Ownership Of Ararat Wind Farm
Iberdrola has agreed to acquire the Ararat Wind Farm in Victoria, Australia, its largest wind asset in the country.
The deal marks Iberdrola's first wholly owned generation site in Victoria, expanding its local operational footprint.
The acquisition is intended to support supply for Iberdrola's business customer base with in house renewable generation.
Iberdrola (BME:IBE) is adding the Ararat Wind Farm to a share price that currently stands at €19.12, with the stock up 43.6% over the past...