Spanish power company Iberdrola to invest $8 billion in US renewable energy in 2008-10

Spanish power company Iberdrola SA said Sunday it plans to invest $8 billion (euro5.16 billion) in renewable energy in the U.S. between 2008 and 2010.

The company said in a news release it wants to have a 15 percent share of the wind power market in the U.S. by 2010.

Iberdrola added it had a wind power …