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Home » News » Wind Energy » Iberdrola and Kansai Agree to Co-Invest in Baltic Sea Offshore Wind Project
Wind Energy

Iberdrola and Kansai Agree to Co-Invest in Baltic Sea Offshore Wind Project

By John GarciaApril 24, 20252 Mins Read
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Credit:Iberdrola
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Spanish energy group Iberdrola has signed a strategic agreement with Japan’s Kansai Electric Power to co-invest in the 315-megawatt Windanker offshore wind farm, located in the Baltic Sea off the German coast. Under the terms of the agreement, the total valuation of the Windanker project stands at approximately €1.28 billion. Iberdrola will retain a majority

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