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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.62 | 1.26% | 49.70 | 48.85 | 50.55 | 50.55 | 47.61 | 47.61 | 5,368 | 15:47:18 |
From May 2019 to May 2024
By Giulia Petroni
Iberdrola SA said Tuesday that through its U.K. subsidiary ScottishPower Renewables, it has picked Siemens Gamesa Renewable Energy SA to supply and install offshore wind turbines for the East Anglia Hub in the North Sea.
The Spanish energy company said more than 200 next generation turbines of 14 megawatts are planned for the hub, which comprises three separate windfarms.
ScottishPower Renewables and Siemens Gamesa will work together ahead of the next contracts-for-difference auction--set to take place later in the year--to optimise projects in order to secure turbine supply and installation agreements.
"The East Anglia Hub projects have the potential to deliver more than 7.5% of the UK's 40-gigawatts target for offshore wind generation by 2030 as set out in the Government's Ten Point Plan," Iberdrola said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
February 02, 2021 10:37 ET (15:37 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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