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Kansai Electric acquires 49% stake in Iberdrola's 315 MW Windanker offshore wind project in Germany.
Japanese company Kansai Electric has invested in Iberdrola's Windanker offshore wind project in Germany, acquiring a 49% stake.
The project, with a 315 MW capacity, is set to start operating late next year.
This partnership strengthens their ties, following Kansai's 12% stake in Iberdrola's Electricity North West.
Iberdrola aims to double its offshore wind capacity to 4,800 MW by the end of 2026.
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Kansai Electric adquiere un 49% de participación en el proyecto eólico de Iberdrola de 315 MW Windanker en Alemania.