2020-10-23
http://w3.windfair.net/wind-energy/news/35536-iberdrola-japan-wind-farm-onshore-offshore-government-investment-acquisition-gw-portfolio-renewable-energy

Iberdrola Targets Japanese Renewables Market

Ignacio Galán visits West of Duddon Sands Wind Farm (Image: Iberdrola)Ignacio Galán visits West of Duddon Sands Wind Farm (Image: Iberdrola)
Spanish energy copany Iberdrola acquires Japanese Acacia Renewables and enters joint venture with Macquarie's Green Investment Group

Official Press Release Iberdrola:

Iberdrola targets Japan as a new growth platform for renewables

Wind Industry Profile of
Iberdrola targets Japan as a new growth platform for renewables

Acquires local developer Acacia Renewables and enters joint venture with Macquarie's Green Investment Group (GIG) to develop its 3.3 GW offshore wind portfolio

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie's Green Investment Group to acquire 100% of the local developer Acacia Renewables. Acacia Renewables currently has two offshore wind farms under development, with a combined capacity of up to 1.2 GW, which could be operational by 2028. It also has four other projects in its pipeline, with a total capacity of 2.1 GW. Iberdrola will hold an equal share in the six projects alongside GIG, and the partners will develop the... ... More: Official Press Release Iberdrola

Keywords:
Iberdrola, Japan, wind farm, onshore, offshore, government, investment, acquisition, GW, portfolio, renewable energy







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