Iberdrola acquires French renewables company Aalto Power for 100million euros

GO ECO GREEN21


Iberdrola acquires French renewables company Aalto Power for 100 million euros

ENERGIA LIMPIA XXI FOTO CORTESIA IBERDROLA RENWABLES REF BLOCKCHAIN.jpgGO ECO GREEN21. Iberdrola, which aims to have one million customers in the neighbouring country by 2023, does not rule out making more purchases in the French renewables sector in the coming months
Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto PowerExternal link, opens in new window., owned by Aiolos and Caisse des Dépôts et Consignations, for 100 million euros. A report carried by Go Eco Green21 states that the company led by Ignacio Galán, which will make a record investment of 10 billion this year, is leading one of the first corporate operations in the European market since the start of the health crisis.Founded in 2005 and headquartered in Marseilles, Aalto Power already has 118 megawatts (MW) of onshore wind generation operating in France and has a portfolio of onshore wind…

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