Iberdrola and Masdar have completed turbine installation at their 476MW Baltic Eagle offshore wind farm joint venture in Germany.
The wind farm is equipped with 50 turbines, each with a capacity of 9.53 MW, and is expected to provide approximately 475,000 households with sustainable energy once fully operational.
This will contribute to a substantial reduction in CO2 emissions, which are estimated at around 800,000 tonnes per year.
Iberdrola Executive Chairman Ignacio Galán said: “The completion of the turbine installation at the Baltic Eagle wind farm is a major milestone in what is a record year for Iberdrola’s offshore wind business. With this project, Iberdrola is on track to have almost 5 GW of offshore capacity worldwide by the end of 2026.
“Once fully operational, Baltic Eagle, the second offshore wind farm in our Baltic Hub, will make a significant contribution to Germany’s energy transition, providing clean, homegrown energy to almost half a million households while reducing emissions.”
The wind turbines for this project were supplied by Vestas and installed by Fred Olsen Windcarrier.
Baltic Eagle represents the second phase of Iberdrola’s plans in the German offshore wind sector, following the operational Wikinger wind farm and ahead of the planned Windanker project.
These projects together form the Baltic Hub, which is expected to exceed total capacity of 1.1 GW by 2026 and drive investments of approximately €3.7 billion ($4.03 billion).
The completion of Baltic Eagle is a strategic part of Iberdrola’s growth strategy in Germany, a core market for the company.
For Masdar, the Baltic Eagle project marks several firsts: the first collaboration with Iberdrola, the first venture in Germany and the opportunity for the largest euro-denominated financing to date.
Masdar Chairman and UAE Minister of Industry and Advanced Technology Dr Sultan Al Jaber said: “The installation of the fiftieth and final turbine of the Baltic Eagle offshore wind farm marks an exciting milestone.
“This achievement also strengthens Masdar’s partnership with Iberdrola, driving a significant expansion of our offshore wind portfolio and advancing the global energy transition.”
The partnership between Masdar and Iberdrola, established in July 2023, was further strengthened during COP28 with a agreement to invest 15 billion euros in joint offshore wind and green hydrogen projects in key markets including the US, Germany and the UK.
“Iberdrola, Masdar complete wind turbine installation at Baltic Eagle wind farm” was originally created and published by Energy monitora brand owned by GlobalData.
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