The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA). The operation aims to improve the pumping capacity of the Valdecañas hydroelectric complex, which encompasses the Torrejón and the Valdecañas power plants…
