Norway's sovereign wealth fund invests millions in solar parks in Spain
- Admin
- May 9, 2024
- 1 min read
Norges Bank Investment Management, manager of the Norwegian sovereign wealth fund, acquires a 49 percent stake in a 644 MW solar portfolio of Iberdrola in Spain. The portfolio has a total value of 414 million euros. Norges Bank Investment Management plans to expand its renewable projects alliance with Iberdrola, with a focus on Spain and possibly other countries.
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