Iberdrola swoops into Poland with Sea Wind stake purchase

Iberdrola said on 18 December it had bought a 50% stake in North and Baltic Sea wind farm company Sea Wind for an undisclosed sum to jointly develop a portfolio of offshore projects in Poland, a new market for the Spanish group. The two companies plan to build a pipeline of seven projects in Poland’s largely untapped Baltic Sea market with the potential to deliver up to 7.3 gigawatts (GW), Iberdrola said. (Reuters)

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