Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100% ownership of Ailes Marines, a company which is developing, constructing and operating the Saint-Brieuc offshore wind farm in France.
Iberdrola, which previously owned 70% of the consortium's capital, has acquired the remaining 30% from Avel Vor, after receiving the green light from the French Ministry of the Economy. The 496MW project is scheduled to begin construction in 2021. Located approximately 16 kilometres off the coast of Brittany, the Saint-Brieuc plant will require an overall investment of around €2.4 billion. It will be equipped with 62 Siemens Gamesa wind turbines, each with an 8 MW capacity, installed in a 75-square-km area. The turbines will have a total height of 207 metres.