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Iberdrola will be present in New York and France

Published on April 11, 2012

 
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Iberdrola will invest a total amount of $2.346 million in the New York State through its two American subsidiaries: New York State Electric and Gas Corporation (NYSEG) and Rochester Gas and Electric Corporation (RG&E).

From the budget announced, 40% will be destined to electricity transportation facilities, 26% to distribution facilities and 24% to the gas business. The total amount of the budget is divided between the two subsidiaries, the New York State Electric and Gas Corporation will invest $1.117 million and Rochester Gas and Electric Corporation $1.169 milllion.

Iberdrola USA approved an investment plan of $416 million for 2012, $334 million in 2013 and $500 million for the following years. Along the period of the plan ...

The Inditex group opens in "The Big Apple" their first Massimo Dutti in America

Published on March 13, 2012

 
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Pablo Isla, president of Inditex, announced yesterday in the press the entrance of Massimo Dutti, a subsidiary company of the group, in the USA and Canada markets.

Massimo Dutti will open next September their first store in New York City in the 5th Avenue with the 54th Street. This placement was occupied till the present day by Zara, the biggest subsidiary of the group, but the firm is moving to a new placement in the 5th Avenue with the 52nd Street, where they bought a 3.600 square meters store for $240 million last year.

Massimo Dutti is also preparing the opening of two stores in the next months in Toronto (Canada) and Washington D.C ...

IBERDROLA finishes the construction of a new wind power station in the USA

Published on March 7, 2012

 
Read IBERDROLA finishes the construction of a new wind power station in the USA

The new wind power station is placed in Blue Crick, a territory shared by the counties of Van Wert and Paulding, in the state of Ohio. The station is one of the biggest in the world and it has a power of 304 megawatts (MW).The station is equipped with technology developed by Gamesa, using 152 wind turbines of the model G90 (each one is 100 meters height and produces 2 MW power)

The Blue Crick wind power station created 20 permanent job positions, to add to the 500 hundred ones created during the construction stage, where 20 companies of the area collaborated.

IBERDROLA has already signed a sales contract of 100 MW produced by the station for the next ...

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