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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.14 | 0.23% | 61.58 | 60.90 | 61.63 | 61.59 | 60.95 | 60.95 | 47,716 | 20:03:13 |
From Mar 2023 to Mar 2025
By Giulia Petroni
Iberdrola Deutschland has signed a long-term power-purchase agreement with steel maker Stahl Holding Saar for the supply of wind energy.
The company said Tuesday that the PPA will last 15 years and allow SHS to cover an annual consumption of 200 gigawatt hours. The wind power will be supplied from Iberdrola's Baltic Eagle offshore wind farm, which is being built in the Baltic Sea and set to be commissioned at the end of next year.
"This is the first of several PPAs planned by the two companies for the coming years," Iberdrola said.
Financial details weren't released.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
June 20, 2023 07:05 ET (11:05 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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