Sponsored by Oregon Business

Iberdrola Renewables agrees to stay in Portland for $1,155,000

| Print |  Email
Must Reads
Thursday, February 02, 2012

Portland offered a $1,155,000 grant to Iberdrola Renewables to keep its North American headquarters in the city for at least seven years.

The Portland Development Commission's board is expected to approve the deal during a public meeting next Wednesday. 
Officials offered the incentive even though Spanish-owned Iberdrola is struggling along with much of the rest of the clean-tech industry. The company laid off 25 Portland workers last week, leaving about 350 employees here out of a U.S. work force of about 850. 
But Portland Mayor Sam Adams, who traveled to Spain a year ago to ask executives to keep their operation here, described the city's proposed contribution as an investment in an industry that provides high-skilled well-paid jobs.

Read more at OregonLive.com.

{biztweet}iberdrola renewables{/biztweet}

 

 

More Articles

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

The Road to Reinvention

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

Damian Smith bets on changing himself — and Portland — through consulting.


Read more...

Car Talk

April 2015
Thursday, March 26, 2015
BY LINDA BAKER

Everyone knows cell phones and driving are a lethal combination. The risk is especially high for teenage drivers, whose delusions of immortality pose such a threat to us all. Enforcement alas, remains feeble; more promising are pedagogical approaches aimed at getting people to focus on the road, not their devices.


Read more...

Opening soon: 3 of the coolest new breweries in Oregon

The Latest
Thursday, March 19, 2015
brewthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.


Read more...

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

Tweeting Portland's State of the City address

News
Friday, January 30, 2015
Screen Shot 2015-01-30 at 3.08.19 PMBY JACOB PALMER | OB DIGITAL NEWS EDITOR

For those who were working, here are a few highlights of Charlie Hales' State of the City address.


Read more...

Nuclear fingerprints

March 2015
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR

At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS