Seeking US stimulus funds, Iberdrola, world’s largest industrial wind company, is focusing on the US as its “main platform for growth.”

The Financial Times article – Iberdrola to focus on US for growth – notes that “the world’s biggest wind power company, is focusing on the US as its “main platform for growth” in the next three years.

Of it’s plans to invest 39% of its capital spending in the US, Iberdrola notes “Investment in the US is particularly attractive in part because of an expected $2bn in grants from stimulus funding – about 30 per cent of its planned investment in wind power – as a result of president Barack Obama’s support for low-carbon energy.”

Excellent!  More of your tax dollars in the form of stimulus funding heading overseas!

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