Iberdrola secures EUR 29 million EIB green loan for 40-MW Labraza wind farm in Spain

Reuters2026/07/27 12:18

By:Reuters

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Iberdrola secured a EUR 29 million EIB green loan to advance the 40 MW Labraza onshore wind project in Alava, Spain.
Total investment set at EUR 59 million; start-up positioned as the Basque Country’s first new wind farm since 2006.
Annual output targeted at about 100,000 MWh; expected to supply about 75,000 people.
Project forecast to avoid about 16,300 metric tons of CO2 emissions per year.

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 40-MW Labraza wind farm in Spain

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