Qatar Holding has announced plans to acquire a 6.16 per cent stake in Iberdrola, the largest power company in Spain and a leading renewable energy operator in the world, for 2.02 billlion euros ($2.81 billion).
Qatar government's inves
Iberdrola Ingenieria y Construccion, a leading Spanish company in installations for electrical power generation, has commissioned a 2,000 MW gas-fired combined-cycle power plant in Qatar.
The power plant comprises three configuration group
Iberdrola has signed a contract with Abu Dhabi National Energy Co (Taqa), opening investment opportunities in the Middle East for the Spanish energy group.
Under the contract, both companies will invest in electricity generation, renewable