Iberdrola Wins Bid for British Wind Farm

Jan. 8, 2010
The wind farm, which would have an energy capacity of 7,200 megawatts, would be built in the North Sea.

Spanish energy group Iberdrola Renovables said on Jan. 8 it had won a joint bid with Sweden's Vattenfall to build "one of the biggest winds farms in the world" in Britain.

The amount of the deal was not disclosed, but the Spanish business paper elEconomista said it could be about 20 billion euros (US$28.5 billion.)

Iberdrola Renovables made the bid through its affiliate ScottishPower Renewables.

The wind farm, which would have an energy capacity of 7,200 megawatts, would be built in the North Sea off the eastern county of East Anglia.

Iberdrola Renovables and Vattenfall have formed a 50-50 joint venture company to build the project.

Copyright Agence France-Presse, 2010

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