Iberdrola's decision to reabsorb its Iberdrola Renovables subsidiary has caused dismay in the wind industry. . Not only does the decision mean a lower priority for renewables investments within Iberdrola, say critics from rival companies, but it undermines efforts by the industry to present itself as the world's Big Investment Opportunity..
One result is that life will be more difficult for others seeking to spin off their renewables' portfolios, or developers trying to get investors to buy into their projects.
Iberdrola