European Commission approves establishment of JV between BP, Iberdrola
The JV company intends to invest up to €1 billion to roll out a network of up to 11,000 rapid and ultrafast EV public charge points across Spain and Portugal by 2030
The European Commission has approved the establishment of a joint venture by Iberdrola SA of Spain, and BP PLC of the UK, under the EU Merger Regulation, the commission updated in a press note on October 27.
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