Iberdrola buys 9 GW of Swedish offshore wind

Spanish utility Iberdrola buys a majority stake in Svea Vind's eight offshore wind projects, rendering the utility the by-far largest owner of Swedish offshore wind projects. According to Svea Vind, the first farm could be ready as early as in 2026.

It'll be a while before this becomes a common sight in Sweden. Photo shows construction of Iberdrola's East Anglia wind farm. | Photo: Iberdrola

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