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Spain’s Iberdrola Planning for 2012 Launch of Large Pumped-Storage Plant in Europe, an Industrial Info News Alert

August 11, 2008

Researched by Industrial Info Resources (Sugar Land, Texas) — Iberdrola S.A. (MADRID:IBE) (Bilbao, Spain) recently announced that it will build one of the largest pumped-storage hydropower plants in Europe by 2012. The 850-megawatt (MW) Muela II Hydroelectric Power Plant will be added to the Cortes-Muela Hydroelectric Complex to increase pumping capacity from 555 MW to 1,110 MW and for the complex to reach a total power output of 1,260 MW. The $304 million project began construction in March 2007 on the Jucar River.

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