UAE’s Masdar joins Iberdrola to co-invest in Baltic Eagle wind farm

  • Date: 26-Jul-2023
  • Source: The Gulf Time
  • Sector:Oil & Gas
  • Country:UAE
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UAE’s Masdar joins Iberdrola to co-invest in Baltic Eagle wind farm

MADRID / WAM Masdar has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe. According to the ...