Iberdrola sells Bilbao 785 MW combined cycle power plant to BP Global Investments

Status Agreement announced

Countries Spain

Sectors Fossil-fuel Power

Transaction description

Iberdrola entered in late July into an agreement to sell its 25% stake in Bahía Bizkaia Electricidad (BBE) to BP Global Investments, owner of 50% of the company until now. BBE runs a 785-megawatt (MW)...

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