The
implications
for
the
wind
sector
are
significant.
Iberdrola
is
slowing
its
investment
in
wind
power
to
a
total
of
€2.6bn
—
1.45GW
—between
2012
and
2014,
compared
with
€1.9bn
a
year
in
2009-11,
when
it
added
more
than
1GW
annually.
A
ruthless
approach
is
being
taken
to
the
existing
portfolio,
aimed
at
leveraging
the
group’s
presence
in
“core
countries”
—
places
that
are
perceived
as
having
political
and
regulatory
stability,
and
growth
potential.
The
biggest
beneficiary
is
the
UK,
which
will
account
for
45%
of
all
renewables
investment,
giving
a…
