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

Gas generation falls as wind farms set new quarterly generation record

Gas generation falls as wind farms set new quarterly generation record

New data shows wind generation reached 29.2TWh during the first quarter, as gas power output fell 16 per cent year-on-year

James Murray
clock 20 April 2026 • 3 min read
RWE and Network Rail ink five-year offshore wind farm deal

RWE and Network Rail ink five-year offshore wind farm deal

RWE to supply 300Gwh of clean electricity to Network Rail to power its offices, depots, and stations

clock 16 April 2026 • 2 min read
Evolve Energy strikes offtake deal for power from Race Bank offshore wind farm

Evolve Energy strikes offtake deal for power from Race Bank offshore wind farm

Major new power purchase agreement with Shell Energy Europe to secure 1TWh of clean power for Evolve Energy's industrial and commercial customers

clock 14 April 2026 • 2 min read