BME:IBEElectric Utilities
Assessing Iberdrola’s (BME:IBE) Valuation After Expanding Its JV Solar Capacity To 1,500 MW
Why Iberdrola’s JV expansion is back on investors’ radar
Iberdrola (BME:IBE) has folded 646 MW of solar capacity into its joint venture with Norges Bank Investment Management, taking the partnership’s operational renewables portfolio to 1,500 MW across Spain and Portugal.
See our latest analysis for Iberdrola.
The JV expansion comes after a strong run in Iberdrola’s shares, with the stock at €19.365 and a 90 day share price return of 9.78%, while the 1 year total shareholder return of 48% and...