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Masdar to buy 49% stake in 476MW Baltic Eagle

Wednesday, July 5 2023

Wind Energy – Iberdrola

Abu Dhabi developer Masdar Clean Energy is reportedly buying an up-to-49% stake in Iberdrola’s 476MW €1.4bn Baltic Eagle offshore wind project.

Iberdrola started building the Baltic Eagle project in the Baltic Sea in April 2022 and is due to commission it by the end of 2024.

Iberdrola is set to retain the majority ownership of the development.

Related posts:

  1. The (Baltic) Eagle has landed (VIDEO)
  2. Van Oord starts cable installation at Baltic Eagle offshore wind farm
  3. Iberdrola supplies offshore wind energy to Salzgitter Group
  4. Iberdrola installs fifty monopiles in Baltic Eagle OWF

Filed Under: Baltic Eagle, Iberdrola, International News, Share purchase Tagged With: Baltic Eagle, Iberdrola, Masdar, shares

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