Masdar and Iberdrola invest €5.2 bn in a wind farm in UK

11:11 - 11.07.2025


July 11, Fineko/abc.az. Abu Dhabi's state-owned Masdar company and Spain's Iberdrola are investing €5.2 billion in offshore wind farm East Anglia THREE ith capacity 1.4 GW in the UK.

ABC.AZ reports that the project, located off the coast of Suffolk County, will be launched in late 2026. It will provide electricity to nearly 1.3 million homes. Masdar and Iberdrola will receive by 50% of the shares in the project.