The decision "does not change Iberdrola’s strategic position towards the US renewable energy market," Iberdrola Renewables communications director Jan Johnson tells Recharge. "Iberdrola remains committed to the US renewable energy market. We are always looking for opportunities to optimize our portfolio."

Johnson says the development projects, in markets where Iberdrola is oversupplied and has "some merchant exposure", are "capable of coming online in the near term" and are being marketed in an effort to maintain a "right-sized pipeline".

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