The Iberdrola Group continues its asset rotation plan with the sale of its gas plants for slurry treatment in Spain
- The transaction includes five natural gas slurry treatment plants in Spain with a total of 52 MW and four biomethane projects under development
- The transaction reinforces Iberdrola's strategy focused on promoting electrification
The Iberdrola Group, of which Iberdrola España is a part, has reached an agreement to sell its portfolio of gas assets for slurry treatment in Spain – totalling 52 megawatts (MW) – to the energy services company Edison Next.
The transaction includes five plants in operation – developed more than 20 years ago and operated during this period in excellent maintenance conditions – and four biomethane projects under development located in adjacent areas.
The operation is part of the company rerasset rotation and alliances plan, which seeks to focus its activity on businesses with great potential, such as electricity grids, and access more growth opportunities through the incorporation of top-tier partners, especially in renewable generation.
Read more about the sale of gas plants in Spain on the global corporate website of the Iberdrola Group.
