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MADRID, 26th July, 2023 (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 deal terms, Baltic Eagle wind farm is valued at approximately €1.6 billion. Iberdrola will control and manage the asset, providing operation and maintenance services and other corporate services.The. ....
Masdar, the UAE’s flagship renewable energy company, 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. ....
Masdar and Iberdrola to co-invest in Baltic Eagle wind farm energyglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyglobal.com Daily Mail and Mail on Sunday newspapers.