Spanish utility Iberdrola has sold a 49% stake in its 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea to Abu Dhabi's Masdar for about 375 million euros ($414.5 million), it said on Wednesday.
FILE PHOTO-The logo of Spanish utility company Iberdrola is seen on its headquarters in Bilbao, Spain, October 25, 2022. REUTERS/Vincent West/File Photohas sold a 49% stake in its 476 megawatt offshore wind farm in German waters in the Baltic Sea to Abu Dhabi's Masdar for about 375 million euros , it said on Wednesday.
The Spanish power giant "will control and manage the asset, providing operation and maintenance services and other corporate services" by retaining a 51% majority stake, it added. "This a major project that will help to drive forward green energy security in Europe, reduce emissions for homes and businesses, and support thousands of highly skilled jobs," Iberdrola Executive Chairman Ignacio Galan said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Whales Shift 49 Billion SHIB as Shibarium Hits New All-Time HighMajor SHIB holders have transacted staggering amount of Shiba Inu – tens of billions of SHIB within past couple of hours
Read more »
Abu Dhabi grants virtual asset brokerage approval to RainRain has been granted permission to operate as a virtual asset brokerage and custody service provider by Abu Dhabi's financial regulator.
Read more »
A timeline of the Carlee Russell case: What happened to the Alabama woman who disappeared for 2 days?Police investigators in Hoover, Alabama, put together a timeline of the roughly 50 hours during which Carlee Russell, a 25-year-old nursing student, was purportedly missing after she called 911 last week from the side of a highway.
Read more »
Carlee Russell, who went missing in Alabama after 911 call about child, says through attorney she wasn't kidnapped. Authorities are mulling charges | CNNCarlee Russell, the Alabama woman who earlier this month went missing for 49 hours after making a 911 call about a child on an interstate, said she was not kidnapped and did not see a baby on the side of the road, according to a statement from her attorney.
Read more »
Carlee Russell, who went missing in Alabama after 911 call about a child on an interstate, says through her attorney she was not kidnapped | CNNCarlee Russell, the Alabama woman who earlier this month went missing for 49 hours after making a 911 call about a child on an interstate, said she was not kidnapped and did not see a baby on the side of the road, according to a statement from her attorney.
Read more »