Iberdrola secures EUR 29 million EIB green loan for Labraza wind farm development

Reuters2026/07/27 11:58

By:Reuters

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Iberdrola España secured a EUR 29 million green loan from the European Investment Bank to fund the Labraza onshore wind project.
The 40 MW wind farm in Oion, Álava, is budgeted at EUR 59 million.
The project is expected to generate about 100,000 MWh a year, supplying around 75,000 people.
Labraza is set to be the first wind farm to enter operation in the Basque Country since 2006.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iberdrola SA published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Iberdrola secures EUR 29 million EIB green loan for Labraza wind farm development

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