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0.0109803921568628 0.0109803921568628 0.0109803921568628 0.0109803921568628 0.0119887955182074 0.0149915966386556 0.0188235294117648 0.0193837535014006
Stock impact report

Iberdrola Expands Australian Footprint With Ararat Wind Farm Acquisition [Yahoo! Finance]

IBERDROLA SA S/ADR (IBDRY) 
NASDAQ:AMEX Investor Relations: iberdrola.com/shareholders-investors
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Iberdrola (BME:IBE) has completed the acquisition of the Ararat Wind Farm in Australia. Ararat is now Iberdrola's largest wind farm in Australia. The project is Iberdrola's first owned generation asset in the state of Victoria. Iberdrola, a major global utility focused on renewable power, is adding scale in Australia with Ararat now part of its portfolio. The asset directly increases its owned generation base in Victoria, a state with policy support for clean energy and corporate demand for long term green power contracts. For you as an investor, it is another data point in how BME:IBE is building out its presence in key markets for renewables. The company highlights a model where it supplies large business customers with electricity from its own wind and solar assets rather than relying only on third party contracts. Ararat fits that Show less Read more
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