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The Electricity Network Affected by the Dana Will Be Rebuilt and Adapted to Climate Change by Iberdrola

Summary by OKDIARIO
Iberdrola will address the reconstruction, redesign, adaptation to climate change and digitization work carried out by the company in the electricity distribution network damaged by the DANA last October in Valencia.To carry out all these projects, the European Investment Bank (EIB) has signed two loans of 25 million euros each with the energy company, works that form part of the Il·lumina project of Iberdrola, launched to build an electricity d…
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The European Investment Bank (EIB) has signed two loans of 25 million euros each with Iberdrola to finance the reconstruction, redesign, adaptation to climate change and digitization work carried out by the company in the electricity distribution network damaged by the DANA last October in Valencia. Specifically, as indicated in a joint communiqué, these investments are part of the 'il·lumina' project of Iberdrola, launched to build an "electric…

The European Investment Bank (EIB) has signed two loans of 25 million euros each with Iberdrola to finance the reconstruction, redesign, adaptation to climate change and digitization that the company carries out in the electricity grid of distribution damaged by the DANA last October in Valencia. These investments are part of the project il·lumina of Iberdrola, launched to build an electrical grid of distribution of the future.

Iberdrola will address the reconstruction, redesign, adaptation to climate change and digitization work carried out by the company in the electricity distribution network damaged by the DANA last October in Valencia.To carry out all these projects, the European Investment Bank (EIB) has signed two loans of 25 million euros each with the energy company, works that form part of the Il·lumina project of Iberdrola, launched to build an electricity d…

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OKDIARIO broke the news in on Tuesday, July 29, 2025.
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