Masdar to invest in East Anglia THREE amid €15bn wind, hydrogen push with Iberdrola
Iberdrola and Masdar have formed a partnership to invest up to €15 billion in offshore wind and green hydrogen projects – including the UK’s East Anglia THREE.
Iberdrola and Masdar have formed a partnership to invest up to €15 billion in offshore wind and green hydrogen projects – including the UK’s East Anglia THREE.
Masdar is reportedly poised to buy a minority stake in ScottishPower Renewables’ East Anglia THREE offshore wind project.
Orsted's £8bn Hornsea Three wind farm is a prime example, and a number of others globally have been "re-shuffled and refocused."
The deal, worth between $500m - $750m, is to be carried out from the Seaway 7 Aberdeen and Sutton offices.
ScottishPower Renewables (SPR) has begun construction on East Anglia THREE, its second windfarm off the Suffolk coast.
Seaway 7 (Euronext:SEAW7) is finalising an agreement with ScottishPower Renewables for the installation of nearly 100 monopile foundations at the East Anglia THREE offshore wind farm.
ScottishPower Renewables has announced that it has been given approval from the Secretary of State for Business, Energy and Industrial Strategy (BEIS), to begin work on a 1.2GW windfarm of the coast of Norfolk