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| Name | Symbol | Market | Type |
|---|---|---|---|
| Iberdrola SA (PK) | USOTC:IBDRY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.86 | 1.75% | 49.94 | 46.60 | 50.35 | 50.55 | 47.61 | 47.61 | 32,116 | 21:57:00 |
From May 2021 to May 2024
By Ed Frankl
Iberdrola SA said Monday that it had awarded Vestas Wind Systems AS a wind-turbine supply contract in Poland.
The Spanish energy company said it had signed an agreement with Vestas for the installation of 14 wind turbines at a 50.4-megawatt Korytnica II wind-farm project northeast of Warsaw.
Deliveries will begin in the fourth quarter of 2022, with the project serviced by the Danish wind-turbine maker under a long-term agreement, Iberdrola said.
Korytnica II is scheduled for commissioning at the start of 2023, bringing Iberdrola's onshore wind capacity in Poland to 163 megawatts, the Bilbao-based company said.
Iberdrola said Poland is one of the company's new growth markets and is developing an offshore wind pipeline in the country that includes seven offshore projects.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
December 27, 2021 07:00 ET (12:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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