Asia Connect /
Europe
EIB supports hydro and battery project in Spain
Deal with Iberdrola seeks to improve pumping and storage capacity of Valdecañas complex
Michael Marray
23 Apr 2025
The European Investment Bank ( EIB ) has signed two green loans with Iberdrola totalling €108 million ( US$124.6 million ) to improve the pumping capacity of the Valdecañas hydroelectric complex in Spain.
