Iberdrola, Masdar complete wind turbine installation at Baltic Eagle wind farm [Yahoo! Finance]
IBERDROLA SA S/ADR (IBDRY)
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Source: Yahoo! Finance
For Masdar, the Baltic Eagle project marks several firsts: its inaugural collaboration with Iberdrola, its first venture in Germany and the occasion for its largest euro-denominated financing to date. Masdar chairman and UAE Minister of Industry and Advanced Technology Dr Sultan Al Jaber said: “The installation of the fiftieth and final turbine of the Baltic Eagle offshore windfarm marks an exciting milestone. “This achievement also strengthens Masdar's partnership with Iberdrola, driving significant expansion in our offshore wind portfolio and advancing the global energy transition.” The partnership between Masdar and Iberdrola, established in July 2023, was further solidified at COP28 with an agreement to invest €15bn in joint offshore wind and green hydrogen projects across key markets including the US, Germany and the UK. "Iberdrola, Masdar complete wind turbine installation at Baltic Eagle wind farm" was originally created and published by Energy Monitor , a GlobalData o
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