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

Author spotlight

Bea Tridimas

View profile
More from Bea Tridimas

Leading water companies pledge to tackle sewage storm spills in UK rivers

Jaguar Land Rover partnership revs up plan to give new life to old batteries

More on Wind

'Marginal gains': Growth in British renewables has cut electricity prices by up to a quarter
Wind

'Marginal gains': Growth in British renewables has cut electricity prices by up to a quarter

New analysis suggests last year's wholesale electricity price could have been up to 33 per cent higher without contribution from wind power generation

Stuart Stone
Stuart Stone
clock 06 October 2025 • 4 min read
Co-op to power equivalent of 140 stores a year from Wales' largest offshore wind farm
Wind

Co-op to power equivalent of 140 stores a year from Wales' largest offshore wind farm

Co-operative confirms deal to purchase 33GWh of clean power each year from RWE's Gwynt y Môr offshore wind farm

Stuart Stone
Stuart Stone
clock 02 October 2025 • 2 min read
Octopus and Ming Yang ink new partnership to drive down wind energy costs
Wind

Octopus and Ming Yang ink new partnership to drive down wind energy costs

New alliance aims to integrate Octopus Energy software with cutting edge onshore and offshore wind turbines

James Murray
James Murray
clock 11 September 2025 • 2 min read