Business
Masdar and Iberdrola Announce 5.2bn Euro UK Offshore Wind Deal and Full Energization of 476MW German Offshore Wind Farm
One of the largest offshore wind transactions of the decade: Masdar and Iberdrola will co-invest €5.2 billion in the 1.4 GW East Anglia THREE project, each holding 50% and joint governance. First JV now online: The partners' inaugural project - Baltic Eagle (476 MW) in Germany - has reached full energization.Strategic momentum: Both milestones advance the companies' €15bn alliance to scale offshore wind and green hydrogen across the UK, Germany and the US.Madrid, Spain--(Newsfile ...
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