1. Iberdrola is constructing the Nuñez de Balboa photovoltaic plant in Usagre, Spain, which will have a 500 MWp installed capacity and supply clean energy to 250,000 people after entering operation in September 2020. 2. The plant is part of Iberdrola's plan to launch 2,000 MW of new photovoltaic and wind power in Extremadura by 2022 and invest 8,000 million euros in clean energy projects in Spain between 2018-2022. 3. To guarantee return on investment, Iberdrola is signing private long-term energy purchase agreements with companies like Kutxabank, Euskaltel