In Depth: Iberdrola poised to make a big splash offshore

Iberdrola, the world’s biggest wind developer, was not among the first utilities to move into offshore, but will begin to have a huge impact over the next few years as it brings its pipeline of about 10GW into construction.

“We don’t have any fixed target, but our ambition is to invest a substantial amount of what we invest in generation in offshore wind, predominantly in the UK, Germany and France,” says Jonathan Cole, managing director for global offshore wind.

A former lawyer and legal director of Iberdrola subsidiary ScottishPower Renewables, Cole says that, in the short term, the Spanish company is working on “enough to keep anyone busy”.

First up is the €1.6bn ($2.1bn), 389MW West of Duddon Sands wind farm off northwest England, which Iberdrola is building as a…

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