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Home›Collaboration›Masdar, Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany
Collaboration

July 26, 2023 · about 3 years ago

Masdar, Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany

Abu Dhabi-based Masdar has signed a strategic partnership with Iberdrola to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the deal, the Baltic Eagle wind farm is valued at approximately EUR 1.6 billion. Under the agreement, Iberdrola will

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Iberdrola Masdar Baltic Eagle
Iberdrola

The Baltic Eagle project is currently under construction in the German Baltic Sea, northeast of the Rügen island off the Pomeranian coast, and is scheduled to be commissioned by the end of 2024.

The offshore wind farm will comprise 50 Vestas 9.5 MW wind turbines , installed on monopile foundations, and will be linked to the German high-voltage grid via the Ostwind 2 grid connection.

The 476 MW project is the second of three large-scale offshore wind farms Iberdrola has in Germany, alongside the 350 MW Wikinger and 300 MW Windanker.

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Collectively, the three wind projects form the company’s so-called Baltic Hub, which will have a total capacity of more than 1.1 GW by 2026 and account for an investment of about EUR 3.7 billion in total.

“ This is a major project that will help to drive forward green energy security in Europe, reduce emissions for homes and businesses, and support thousands of highly skilled jobs. Building long-term partnerships with sustainable leaders like Masdar will help Iberdrola to continue leading the energy transition globally “, said Ignacio Galan.

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