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IBDRY Iberdrola SA (PK)

50.315
0.355 (0.71%)
06 May 2024 - Closed
Delayed by 15 minutes
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
  0.355 0.71% 50.315 49.75 50.49 50.44 50.08 50.20 27,512 21:00:55

Salzgitter Subsidiaries to Deliver Steel Plates for French Offshore Wind Farm

12/11/2020 11:00am

Dow Jones News


Iberdrola (PK) (USOTC:IBDRY)
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   By Cecilia Butini 
 

Salzgitter AG said Thursday that two of its subsidiaries will deliver 50,000 tons of steel plates to be used in an offshore wind farm off the coast of Brittany, France.

The German steel maker said the subsidiaries--Ilsenburger Grobblech GmbH and Salzgitter Mannesmann Grobblech GmbH--will deliver the plates to Spanish company Navantia SA, which will then build foundation structures to be used at the wind farm.

The farm, named Saint-Brieuc, is owned and operated by Spanish utility company Iberdrola SA.

The supply of the plates started in August and will be completed in the spring of 2021, Salzgitter said. No financial terms of the delivery were disclosed.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

November 12, 2020 05:45 ET (10:45 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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