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Iberdrola has announced the acquisition of Sowitec Vietnam, a company with a 550MW renewable pipeline under development.
 
The pipeline consists of six projects, five onshore wind farms and a 50MW floating photovoltaic project. The projects, set to be developed between 2022 and 2024, have capacities ranging between 50MW and 250MW. The acquired company was part of the German Sowitec group.
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