Iberdrola Secures Financial Viability for 16 New UK Renewables Projects

Reuters
Friday, July 8, 2022
Credit: ScottishPower

Spanish power group Iberdrola will develop 16 new renewables projects in the UK after it secured their financial viability through contracts for difference (CfD) with the British government, the company said on Thursday.

Through ScottishPower, its subsidiary in the UK, Iberdrola has obtained CfDs for its large East Anglia Three offshore wind project as well as five smaller onshore wind projects and 10 photovoltaic sites.

The news is an important step towards the construction of the East Anglia Three offshore wind farm, which will involve investments of about 4 billion euros, the company said.

(Reuters - Reporting by Yann Morell Y Alcover; Editing by Hugh Lawson)


Successful ScottishPower Projects 

Offshore wind  
East Anglia Three  1400MWEast Anglia
Onshore wind   
Arecleoch74.1MWSouth Ayrshire
Cumberhead West119MWSouth Lanarkshire
Douglas West Extension71.5MWSouth Lanarkshire
Hagshaw Hill Repowering79.8MWSouth Lanarkshire
Kilgallioch51.3MWDumfries & Galloway
Solar  
Brigstock49.3MWNorth Northamptonshire
Bryn Henllys26.3MWSwansea
Down Barn Farm40MWWiltshire
Sparrow Lodge Farm20MWNorthamptonshire
Tuckey Farm25MWBuckinghamshire
Wood Lane40MWNottinghamshire
Speyslaw20MWMoray
Milton49.9MWMoray
Longney25MWGloucestershire
Ranksborough30MWRutland

Categories: Energy Renewable Energy Industry News Offshore Wind Activity Renewables

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