Iberdrola to launch Irish retail arm, invest $112 million in renewables by 2025

LONDON (Reuters) - Spanish utility Iberdrola will this week launch an Irish retail business and plans to invest over 100 million euros (£89.4 million) in renewable energy and storage projects in Ireland and Northern Ireland by 2025, it said on Tuesday.The move is part of a company-wide goal to invest around 34 billion euros to 2022 on renewables and energy network systems and expand in retail markets across Europe."We have had renewable generation in Ireland for over 20 years so moving into..