Masdar and Iberdrola to Co-Invest in Baltic Eagle Offshore Wind Farm

Investment Offshore Wind announced Germany Apr 29, 2024

476 MW

Capacity

Masdar will acquire a 49% stake in Iberdrola's Baltic Eagle offshore wind farm in the Baltic Sea, marking Masdar's first investment in Germany.

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Counterparts (2)

Developer

company · 3 deals

Iberdrola is a global energy leader, primarily focused on renewable energy development and operation. They invest in clean energy technologies, smart grids, and energy storage solutions to drive the energy transition.

Investor

company · 7 deals

Masdar is a clean energy pioneer positioning the UAE at the forefront of the worldwide energy transition. They deploy renewable energy projects and realize low-carbon urban development, supporting over 40 countries in their energy transition.

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Timeline

Announced

Apr 29, 2024

Signed

Closed

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Source

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