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Why this green energy giant loves Australia

Jacob Greber

Ignacio Galan, who has spent the last 22 years transforming a sleepy Spanish coal-burning utility into a global renewables superpower, has his eyes firmly set on Australia’s post-carbon transition.

In Canberra on Wednesday for talks with Prime Minister Anthony Albanese and Energy Minister Chris Bowen, the green energy heavy hitter said his firm, Iberdrola, plans to more than double, by up to $4.4 billion, its Australian investments in wind, solar and transmission through 2025.

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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com

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    Original URL: https://www.afr.com/policy/energy-and-climate/why-this-green-energy-giant-loves-australia-20220906-p5bfqr