Spanish renewable energy leader Iberdrola has signed an agreement with Energy Infrastructure Partnersfor the sale of a 49% stake in Wikinger offshore wind farm in Germany. The transaction is valued at around EUR 700 million, and Iberdrola will maintain a majority stake of 51%.According to the agreement, Wikinger’s total valuation amounts to approximately EUR 1.425 billion.Wikinger is one of the company’s flagship operational projects and was the first offshore wind farm developed by the group on its own. With an installed capacity of 350 megawatts it has been supplying clean energy to approximately 350,000 German households since it was commissioned in 2018.Energy Infrastructure Partners is a leading Swiss infrastructure investment company focused on the global energy transition, with a successful track record as a long-term shareholder in the industry and experience in infrastructure and renewable technology.
Spanish renewable energy leader Iberdrola has signed an agreement with Energy Infrastructure Partnersfor the sale of a 49% stake in Wikinger offshore wind farm in Germany. The transaction is valued at around EUR 700 million, and Iberdrola will maintain a majority stake of 51%.According to the agreement, Wikinger’s total valuation amounts to approximately EUR 1.425 billion.Wikinger is one of the company’s flagship operational projects and was the first offshore wind farm developed by the group on its own. With an installed capacity of 350 megawatts it has been supplying clean energy to approximately 350,000 German households since it was commissioned in 2018.Energy Infrastructure Partners is a leading Swiss infrastructure investment company focused on the global energy transition, with a successful track record as a long-term shareholder in the industry and experience in infrastructure and renewable technology.
