Iberdrola floats £6bn boost for UK offshore wind industry

clock • 2 min read
Iberdrola CEO Ignacio Galán at ScottishPower West of Duddon Sands windfarm in the Irish sea | Credit:Iberdrola
Image:

Iberdrola CEO Ignacio Galán at ScottishPower West of Duddon Sands windfarm in the Irish sea | Credit:Iberdrola

Leading utility Iberdrola announces new investment plans at today’s Global Investment Summit

Leading renewable energy utility Iberdrola is set to invest an additional £6bn in its offshore wind farm development off the coast of Suffolk, the company confirmed at today's Global Investment Summit...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

ABP secures £300m backing for major UK port upgrade programme

ABP secures £300m backing for major UK port upgrade programme

Package includes £200m loan from the National Wealth Fund for a range of projects to support growing demand from offshore wind, nuclear power, technology, and defence sectors

Michael Holder
clock 03 June 2026 • 2 min read
Burger King inks deal to source power from Dorset onshore wind farm

Burger King inks deal to source power from Dorset onshore wind farm

Deal arranged by Evolve Energy will see restaurant chain supplied with clean energy from 8MW Alaska Wind Farm in Dorset

clock 29 May 2026 • 1 min read
'Just the beginning': Number of wind turbines installed rose 23 per cent in 2025

'Just the beginning': Number of wind turbines installed rose 23 per cent in 2025

Over 28,000 new wind turbines installed globally last year at an average of around one every 20 minutes, Global Wind Energy Council finds

Stuart Stone
clock 15 May 2026 • 4 min read