CEO tells AP wind investors need stable policies

September 28, 2010 by  

Chairman and CEO of Iberdrola, Ignacio Galan, speaks with a reporter during an interview, in Boston, Monday, Sept. 27, 2010. Galan said Monday that companies investing in wind energy need predictability and stability because wind projects can take years to reach fruition. Iberdrola is the second largest wind power company in the U.S. (AP Photo/Steven Senne)AP – Spanish power utility Iberdrola SA is investing $10 billion in wind power and energy-related projects across the U.S. over the next few years, but political and regulatory uncertainties could stall future investments, the company’s chairman and CEO said Tuesday.


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