Latest news with #energía
Bloomberg
2 days ago
- Business
- Bloomberg
Iberdrola, Echelon Form JV to Develop Data Centers in Spain
Spanish power giant Iberdrola SA is forming a joint venture with Echelon Data Centres to build and operate data centers in Spain, gaining a foothold in the capital-intensive and energy-hungry sector in its home market. Echelon — backed by US private equity firm Starwood Capital Group LLC — will own 80% of the new company, while Iberdrola's CPD4Green unit will hold the rest, according to an emailed statement Monday. Iberdrola will guarantee a constant supply of electricity to the new facilities and pinpoint land already connected to the power grid where centers can be built. The statement confirmed an earlier Bloomberg report.
Yahoo
10-07-2025
- Business
- Yahoo
Masdar Hosts European Business Partners and Executives in Madrid to Accelerate Advanced Energy Partnerships
Senior-level forum in Madrid that brought together more than 200 decision-makers from government, finance, and the broader Spanish energy ecosystem Dr Sultan Al Jaber visited Saeta's Madrid headquarters to mark the company's full integration into Masdar and align on an accelerated growth agenda Madrid, Spain--(Newsfile Corp. - July 10, 2025) - Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader – convened an exclusive, high-level business forum in Madrid to strengthen partnerships and position the company for its next phase of growth in the Iberian market. Led by Dr Sultan Al Jaber, Chairman of Masdar, the Tuesday gathering assembled senior representatives from Spanish and Portuguese government entities, regulatory bodies, utilities, institutional investors, offtakers, and technology providers. The discussion centered on accelerating the Iberian Peninsula's energy transformation and reinforcing Spain's role as a strategic hub within Masdar's European portfolio. A cornerstone of Masdar's European expansion strategy is its US $1.4 billion acquisition of Saeta, finalized last year. Operating across Spain and Portugal, Saeta now serves as a primary platform for scaling Masdar's renewable-energy footprint and advancing regional decarbonization objectives. During his visit to Saeta's Madrid headquarters, Dr Al Jaber met with executive leadership and employees, celebrating the successful integration and outlining an ambitious roadmap to amplify Saeta's market impact. Masdar's European investments continue to diversify through multiple channels. In addition to the Saeta transaction, Masdar concluded a €3.2 billion acquisition of TERNA ENERGY in Greece and entered a €1.7 billion strategic partnership with Endesa in Spain, acquiring a 49.99 percent stake in a 2.5GW portfolio of renewable assets – one of Spain's largest clean-energy transactions in recent years. Since its establishment in 2006, Masdar has developed and partnered in projects in over 40 countries, with a mandate to increase its renewable energy portfolio capacity to 100GW by 2030. Image 1 To view an enhanced version of this graphic, please visit: Image 2 To view an enhanced version of this graphic, please visit: Image 3 To view an enhanced version of this graphic, please visit: Image 4 To view an enhanced version of this graphic, please visit: Image 5 To view an enhanced version of this graphic, please visit: Image 6 To view an enhanced version of this graphic, please visit: -ENDS- Contacts:For media inquiries, please contact: press@ For more information please visit: and connect: and About Masdar Masdar (Abu Dhabi Future Energy Company) is one of the world's leading clean energy companies. Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the transformation of energy systems and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of 51 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future. Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year. To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Reuters
07-07-2025
- Business
- Reuters
Colombia's Ecopetrol buys wind power project from Enel
BOGOTA, July 7 (Reuters) - Colombian state oil firm Ecopetrol ( opens new tab said on Monday it has purchased a wind power project in the northern province of La Guajira from Enel ( opens new tab. The Windpeshi project will have capacity to produce 205 megawatts, "which will be immediately incorporated into the Ecopetrol Group's self-consumption portfolio," the company said in a statement.
Reuters
30-06-2025
- Business
- Reuters
Renewables account for 59% of Spain's electricity so far this year
MADRID, June 30 (Reuters) - Renewable energy sources covered 59% of the Spanish electricity demand so far this year, national electricity grid operator Redeia's ( opens new tab chair Beatriz Corredor said on Monday. Renewables accounted for a record 56% of electricity demand in 2024, according to Redeia data released in December.
CNA
26-06-2025
- Business
- CNA
Repsol sells stake in an Indonesian gas operation for $425 million
Spanish energy company Repsol said on Thursday it has agreed to sell a 24 per cent stake in Indonesia's Corridor Block gas operation to Jakarta-listed Medco Energi for $425 million. The deal is part of Repsol's strategy to dispose assets to raise cash to fund investments in renewable energy. According to its own calculations, the sale will have a positive impact of about $70 million on its full-year income and it will help reduce its net debt by about $350 million, Repsol said. The company expects the transaction to be closed in the third quarter of 2025.
