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| Iberdrola Renewables constructs wind farms in France Spanish power company Iberdrola Renovables, the renewable energy arm of Iberdrola, has begun the construction of four wind farms in France, which amount to a total of 30 megawatts (MW) of power and which are located in the northeast of the country. Specifically, the company has begun the works at the wind farms of Brissy (6 MW in capacity, distributed over three Gamesa G90 wind turbines); Sery (8 MW over four G90 wind turbines); Ribemont (10 MW over five G90 wind turbines), and Villers le Sec (6 MW over three G87 wind turbines). The commencement of the construction of these new installations enables the company to continue strengthening its presence in France, where it now has, through its subsidiary Iberdrola Renewables France, 166 MW of installed power distributed over 15 wind farms. In addition, it represents a further step in the development of the portfolio of projects of Iberdrola Renewables throughout the world, with the objective of installing 2, 000 MW during the current year. The Strategic Plan 2008-2012 of Iberdrola Renewables plans for an investment of €18,800 million in this period in order to reach a net profit of approximately €1,000 million in 2012. write your comments about the article :: © 2008 Construction News :: home page |