Iberdrola today announced plans to slow down its investments in renewable energy as it seeks to shore-up its balance sheet, and concentrate on several key markets.
During the 2012-2014 period, Iberdrola will invest a total of €2.6bn ($3.35bn) in renewables, compared to €1.9bn annually between 2009 and 2011. This will consist of €1bn in 2012, €800m in 2013 and €800m in 2014.
Of
