Spanish utility Iberdola has announced its entry into the Irish energy market. The Iberdola Ireland brand will offer customers 100% green electricity tariffs, with gas and electric vehicle charging infrastructure, the latter set for launch at an as-yet-unconfirmed date.
Iberdola also plans to invest over €100 million in battery storage and renewable energy projects in the country by 2025.
- UK storage fund buys £77 million majority in Irish, Northern Irish projects
- Utility issues Ireland’s first green bond
- Statkraft commits to massive growth in Ireland
Scottish Power, Iberdrola’s neighbouring utility investment, operates six onshore wind UK storage fund buys £77 million majority in Irish, Northern Irish projects arms, and has transitioned to renewable energy with a total capacity just shy of 60MW in Scotland.
Colin McNeill, CEO of Retail for ScottishPower and Iberdrola Ireland, said: “We provide energy for 100 million people worldwide and we look forward to welcoming many new customers with the launch of Iberdrola Ireland. We’re excited to offer these competitive 100% green electricity tariffs, which will help our customers to reduce their carbon emissions.”