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MAPFRE and Iberdrola form strategic alliance in renewable energy

MAPFRE and Iberdrola form strategic alliance in renewable energy
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Iberdrola forges Spanish alliance with MAPFRE - reNews - Renewable Energy News

Iberdrola and MAPFRE have created a new strategic alliance to make joint investments in renewable energies in Spain. The utility and the insurance company have set up a pioneering co-investment vehicle to achieve their goals that includes 230MW of green projects, both wind and solar photovoltaic (PV), from the utility s portfolio. The agreement foresees adding more operating assets over time, as well as new renewable projects under development from the energy company s pipeline, targeting 1GW.  MAPFRE is the majority shareholder in the vehicle with an 80% stake, while Iberdrola holds the remaining 20% and is responsible for developing, building and operating the wind farms. 

Iberdrola and MAPFRE to invest in Spanish renewable energy projects

Advertisement Iberdrola and MAPFRE have created a new strategic alliance to make joint investments in renewable energies in Spain. The utility and the insurance company have set up a pioneering co-investment vehicle to achieve their goals that includes 230 MW of green projects, both wind and solar photovoltaic (PV), from the utility s portfolio. The agreement foresees adding more operating assets over time, as well as new renewable projects under development from the energy company s pipeline, targeting 1000 MW. MAPFRE is the majority shareholder in the vehicle with an 80% stake, while Iberdrola holds the remaining 20% and is responsible for developing, building and operating the wind farms.

Mapfre s premiums set to grow 3% in 2021, leaders tell remote AGM

Mapfre’s premiums set to grow 3% in 2021, leaders tell remote AGM 15-03-2021 24-07-2020 Global insurer Mapfre confirmed it expects its insurance premiums to grow by about 3 percent in 2021 despite the impact of the COVID-19 pandemic, as the company approved its annual accounts for 2020 at its remotely accessed AGM on March 12, 2021. The rest of this article is locked. Please login to continue reading.   If you don t have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.    To take out a free 

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