The Iberdrola Group completes the sale of its gas plants for slurry treatment to Edison Next
- The transaction, announced in December, includes five natural gas slurry treatment plants in Spain with a total of 52 MW and four biomethane projects under development for 340 GWh per year
- The operation reinforces the Iberdrola Group's strategy focused on promoting electrification
The Iberdrola Group has closed the sale of its portfolio of gas assets for slurry treatment in Spain to the energy services company Edison Next. The deal was previously announced on 1 December.
The portfolio comprises five slurry treatment plants in operation, which were developed more than 20 years ago and total 52 MW, as well as four biomethane projects located in nearby areas that are under development.
The completion of this transaction is part of Iberdrola's asset rotation and alliance plan and is in line with its strategy of driving a transformation towards businesses with greater growth opportunities, mainly electrical networks and renewable generation.
Read more about the sale of gas plants on the global corporate websito of the Iberdrola Group.
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