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Iberdrola to make its first marine wind farm in the USA for 2.4 billion

The contract involves the installation of 800 megawatts of power on the Massachusetts coast

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Iberdrola to make its first marine wind farm in the USA for 2.4 billion

Iberdrola has reached a contract to build first marine wind farm in United States. This park, which will be located on east coast in front of state of Massachusetts, will have a power of 800 megawatts (MW), more than double of or marine wind farms developed by Spanish group like German of Wikinger or British of West of Duddon Sands. Total investment amounts to 2.8 billion dollars (almost 2.4 billion euros to current change), according to market sources.

The project will be developed through its subsidiary Avangrid, which has 50% of joint Vineyard Wind Company in which Danish company CIP participates, has received authorization from Massachusetts Electric distribution Companies (EDC) to build a park Offshore wind turbine on east coast of United States. The project is part of goals of state of Massachusetts for development of offshore wind infrastructures under its green communities law.

The company that presides over Ignacio Sánchez Galán has opted for offshore wind energy as one of keys to company's future. The countries chosen to develop ir activity in offshore wind business have been, for time being, UK, Germany, France and United States.

The company marked a milestone in 2014 by becoming first Spanish company to project and launch a wind farm, west of Duddon Sands (WoDS), on north west coast of England. WoDS has a power of 389 megawatts (MW), which allow it to produce enough electrical power to meet demand of approximately 300,000 British households.

The following offshore wind initiative that Iberdrola tackled was Wikinger Park, in German Baltic Sea waters, in which Spanish company Navantia participated as one of its main suppliers. Wikinger, in March since last December, was an investment of about 1.4 billion euros and has a power of 350 MW. The facility is located about 75 kilometers from coast, where depth ranges between 37 and 43 meters.

Also in Germany, Iberdrola was awarded on April 27th construction of two offshore wind farms in German Baltic Sea waters, which will add a total capacity of 486 megawatts (MW), in second public auction organized by Federal Agency of Networks (Bundesnetzagentur). These are Baltic Eagle (476 MW) and Wikinger Süd (10 MW) projects.

In addition, Iberdrola is immersed in awards to launch East Anglia One project in United Kingdom. With 714 MW of power, this is largest Spanish project in history in renewable sector and largest marine park in world-will occupy 300 km2, when it comes into operation, in 2020, after an investment of 2.5 billion pounds. It has also requested British Government to expand this facility to 2,000 MW. To this end, it has presented to authorities of United Kingdom a proposal to build park East Anglia Three, which would have 1,200 MW of power.

To se new facilities will be added one of Saint Brieuc, in French waters, whose entry in operation is envisaged for 2022. This wind farm will have a power of 496 MW and will be located in Bay of Saint-Brieuc, off coast of French Brittany, 20 kilometres offshore.


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