April 24, 2025about 1 year ago

Iberdrola, Kansai Close EUR 1.28 Billion Windanker Deal

Iberdrola has closed a strategic agreement with Japan’s Kansai Electric Power Co., Inc. (Kansai) to co-invest in the 315 MW Windanker offshore wind farm in the German Baltic Sea. After obtaining all the necessary regulatory approvals, Iberdrola will have a majority stake of 51 per cent in the assets

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Iberdrola reached the final investment decision for the 315 MW offshore wind farm in June of last year.

At the beginning of 2025, the German Federal Maritime and Hydrographic Agency (Bundesamt für Seeschifffahrt und Hydrographie; BSH) issued the planning approval decision for the construction and operation of Windanker.

The project will feature 21 Siemens Gamesa 15 MW wind turbines , installed 38 kilometres northeast of Rügen in the German exclusive economic zone (EEZ) of the Baltic Sea. Windanker is expected to be operational in the last quarter of 2026.

Germany Greenlights Iberdrola’s 315 MW Offshore Wind Farm

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