Iberdrola is driving forward the Labraza wind farm in the Basque Country with public participation

Aixeindar, the company set up by Iberdrola España—a subsidiary of the Iberdrola Group in Spain—and the Basque Energy Agency (EVE) to promote new renewable energy projects in the Basque Country, is making progress with the construction of the Labraza wind farm in Álava.

The 40 MW facility will be the first to come on stream in the Basque Country since 2006 and, through the ‘Gure Haizea’ crowdlending initiative, will allow citizens to participate in the investment in the farm, strengthening the link between electrification and the generation of shared value in the region.

Once operational, the Labraza wind farm will produce around 99,679 MWh of renewable energy annually, enough to supply some 30,000 homes, and will prevent the emission of around 16,300 tonnes of CO2 per year. Furthermore, it will increase the installed wind power capacity in the Basque Country by 26%, contributing to electrification and the region’s progress towards greater energy self-sufficiency.

The project also stands out for its economic, industrial and social impact, with an investment of €59 million, the involvement of companies in the supply chain and the implementation of advanced measures for environmental integration and biodiversity protection.

You can read the full news story in the Iberdrola España Media room.