Iberdrola and bp to collaborate to accelerate EV charging infrastructure and green hydrogen production
7/29/2022
Press Release - Iberdrola, bp Iberdrola and bp intend to enter into a strategic collaboration agreement to contribute to the decarbonisation of transport and industrial sectors. Plan to jointly invest up to €1bn into deploying up to 11,000 fast charge points across Spain and Portugal, rapidly growing charging infrastructure to support EV growth. Plan to jointly develop, in Spain, Portugal and the UK large scale production of green hydrogen, open to other geographies, aiming for up to 600ktpa production capacity, integrated with new renewable power. Iberdrola and bp today announced their intention to form a strategic collaboration aiming to help accelerate the energy transition.
