Iberdrola acquires rights for 1 GW onshore wind farm in Australia

Iberdrola, a Spanish electric utility company, has acquired the rights to the Mount James wind farm in Queensland, Australia. The wind energy project covers more than 50,000 hectares of land and has completed its environmental studies. Reportedly, Mount James, in north Queensland, is the world’s largest onshore wind farm, with a capacity of 1 GW. The financial details of the deal have not been dis closed by either company.