The two companies are working towards a purchase of Vattenfall’s share of East Anglia 1, which will go forward “initially” as a 714MW development after securing a UK CfD at £119.89 ($186.3) per MWh.
Iberdrola’s UK unit ScottishPower Renewables (SPR) said it may still expand the project up to its full consented size of 1.2GW by bidding for more support in future CfD rounds.
SPR
