Iberdrola Renovables announced plans to invest EUR 9 billion in wind energy over the next three years. EUR 4.9 billion will be invested in the U.S., EUR 1.9 billion in the UK, EUR 1 billion in Spain and EUR 1.2 billion in the rest of the world. Iberdrola Renovables also plans to open an offshore wind division in Glasgow, Scotland, to promote wind energy projects that will amount to 10 GW.