IBDRY Iberdrola SA (PK)

By Mauro Orru

Iberdrola will repower four onshore wind farms in Galicia and Castilla La Mancha, replacing old turbines with more powerful and efficient models in a move that will increase energy production.

The Spanish energy company said Thursday that it would reduce the number of installed wind turbines by almost 200 and increase the energy production of the facilities on average by 30%.

Iberdrola said turbines at its wind farms in Galicia would be reduced to 16 from 98, while those in Castilla La Mancha would be cut to 22 from 139 units.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

December 14, 2023 11:05 ET (16:05 GMT)

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