Iberdrola to slash UK wind investment 40 per cent

clock

Spanish energy giant latest to scale back UK investment amid concerns over project's economic viability

The government's wind energy plans have received a major blow after the world's biggest investor in wind power, Spanish energy giant Iberdrola, announced it was to cut its investment in the UK by £300m....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Energy

An artist's impression of the planned Immingham plant | Credit: Velocys

Sustainable fuels company Velocys raises £25m in oversubscribed funding round

CEO says firms waste-to-jet fuel technology is now ready for commercial scale deployment

Cecilia Keating
clock 26 November 2021 • 3 min read
UNEP calculates that fashion production and consumption is responsible for 10% of global emissions | Credit: iStock

Study: Fashion sector decarbonisation can deliver attractive financial returns to investors

Major report calculates that $1tr will be required to decarbonise resource and carbon-intensive sector, of which just $50bn needs to be covered by government and philanthropy

Cecilia Keating
clock 26 November 2021 • 3 min read
Electric vehicle startup Nio inks battery swap station deal with Shell

Electric vehicle startup Nio inks battery swap station deal with Shell

News of tie-up comes as Kaluza announces EV charging technology deal with Japan’s Mitsubishi Corporation

Cecilia Keating
clock 26 November 2021 • 2 min read