Iberdrola to develop offshore wind farm in the Baltic Sea

Iberdrola to develop offshore wind farm in the Baltic Sea

08 Nov 2021

Iberdrola has committed to the deployment of its third offshore wind power project in the Baltic Sea, Windanker, which will have an installed capacity of 300 MW and a total investment of US$925m.

The project will strengthen the company's Baltic Hub in Germany, which already comprises the operational Wikinger offshore wind farm (350 MW) and the under-construction Baltic Eagle (476 MW).

Following a total investment of approximately US$4bn, the Hub will have an installed capacity of over 1.1 GW by 2026, supporting the Iberdrola's strategic focus in the Baltic Sea.

Iberdrola will operate the Windanker wind farm with multi-MW turbines (15MW class) to maximize project efficiency.

The farm will start production in 2026, with most of its electricity output expected to be allocated to long-term power purchase contracts in the German market.

For more information, please visit EICDataStream.

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