• Text size
  • Send this article to a friend
  • Print this article

Iberdrola rethinks US strategy

Iberdola, the Spanish energy company that owns ScottishPower, said yesterday it will reconsider buying Energy East Corporation, a US power firm, if its ability to invest in renewable energy is restricted in the state of New York.

Custom byline text: 
DOUGLAS HAMILTON

Iberdola, the Spanish energy company that owns ScottishPower, said yesterday it will reconsider buying Energy East Corporation, a US power firm, if its ability to invest in renewable energy is restricted in the state of New York.