Iberdrola wins bid for British wind farm contract

Spanish energy group Iberdrola Renovables said on Friday it had won a joint bid with Sweden’s Vattenfall to build “one of the biggest offshore winds farms in the world” in Britain.

The amount of the deal was not disclosed but the Spanish business paper elEconomista said it could be about 20 billion euros (28.5 billion dollars).

berdrola Renovables, the global leader in wind power, made the bid through its affiliate ScottishPower Renewables, which it acquired in 2007.

The wind farm, which would have an energy capacity of 7,200 megawatts, would be built in the North Sea off East Anglia, Iberdrola Renovables said in a statement.

AFP