Iberdrola Enters Polish Offshore Wind Market
Iberdrola has reached an agreement to acquire a 50% stake in Sea Wind, marking the company’s entry into the Polish offshore wind market.
Sea Wind is said to have a seven-project pipeline in the early stages of development that has a potential capacity of up to 7.3 GW.
According to Iberdrola, Sea Wind has an experienced team in offshore wind development and in-depth knowledge of the Polish market.
The companies previously worked together on the development of the Baltic Eagle project off the German coast.
Iberdrola added that with this transaction it is also promoting the creation of an offshore wind hub in the Baltic Sea which would act as the epicenter of offshore services and local content for its projects in Germany, Poland and Sweden.
Back in June, Iberdrola signed a Letter of Intent (LoI) with Enea to jointly develop offshore wind projects in the Polish Baltic Sea with a possible total capacity of up to 3.3 GW.
However, a few months later, the two parties decided to terminate exclusive talks on jointly pursuing the Polish projects.
List of related news articles
-
Posted: 4 months ago
Iberdrola and Enea Scrap Polish Offshore Wind Pact
Spain’s Iberdrola and Poland’s Enea Group have decided to terminate exclusive talks on j...
Posted: 4 months ago -
- breaking news
Posted: 3 days agoBreaking: Polish Parliament Passes Offshore Wind Act
Poland’s Senate has unanimously passed the Offshore Act regulating the development of offshore wind ...
Posted: 3 days ago -
Posted: 10 days ago
OWC to Work on Polish Offshore Wind Project
Baltic Power, a subsidiary of Polish energy company PKN Orlen, has appointed Offshore Wind Consultan...
Posted: 10 days ago -
Posted: 17 days ago
Polish Utility Enters Offshore Wind Joint Venture with EDP and Engie
Polish state-owned utility TAURON has signed an agreement with the joint venture of EDP Renováveis a...
Posted: 17 days ago