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Stock impact report

France unveils plans for 9.2GW offshore wind tenders [Yahoo! Finance]

IBERDROLA SA S/ADR (IBDRY) 
NASDAQ:AMEX Investor Relations: iberdrola.com/shareholders-investors
Company Research Source: Yahoo! Finance
The French Energy Ministry has identified several locations for the projects, including offshore Fecamp in northwest France, offshore Brittany, the western Gascogne Gulf and the southern Mediterranean coast. During a visit to Fecamp, French Energy Minister Olga Givernet informed reporters that the new installations are part of the country's strategy to reach 45GW by 2050. Givernet was quoted by the news agency: “This is a signal for the industrial value chain, to tell them it's not the moment to de-localise, it's not the moment to draw up layoff plans — it's on this land that we need to build the wind turbines and then install them.” The latest installations will contribute to the country's goal of achieving 45GW by the year 2050. In April 2024, French officials revealed intentions to initiate tenders for the installation of 240MW of solar power capacity along the nation's highways. The Regional Highways Division (DIR) identified 140 parking areas and 100 highway interchang Show less Read more
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