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Iberdrola SA Announces New Energy Sector Collaboration With Frontier IP Group PLC

Friday, 26 Jul 2013 02:40am EDT 

Frontier IP Group PLC announced that it has signed renewable energy sector collaboration with Spanish power group IBERDROLA (Iberdrola) and renewable energy financial services group Narec Capital Limited (Narec Capital). The three parties have signed a memorandum of understanding (the Memorandum) setting out how they will co-operate to provide investment and industrial leadership for promising clean technology companies. Narec Capital intends to launch its Accelerated Renewable Deployment Portfolio ("ARDP"), with a target fund size of up to GBP50 million that aims to accelerate deployment timeframes and reduce the cost of energy for renewable projects. 

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11 Jul 2014