Spanish renewable energy company Iberdrola plans sale-leaseback deal for wind and solar farm land - sources
Mar 25,2024 | DAXTROMNSOLAR
Iberdrola, a leading renewable energy company in Spain, is reportedly planning to enter into a sale-leaseback deal for its wind and solar farm land. According to sources, the company aims to sell its land assets and then lease them back, which will enable Iberdrola to free up capital for further investment in renewable energy projects.
This move by Iberdrola is seen as a strategic decision to optimize its financial resources and focus on the development of new renewable energy projects. By selling and then leasing back its land assets, the company can generate immediate cash flow while maintaining operational control over the land for future renewable energy projects.
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