Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Iberdrola and ScottishPower Renewables signed a long‑term Power Purchase Agreement (PPA) with Amazon in 2024 for output from the 1.4 GW East Anglia Three offshore wind farm. The Amazon PPA complements the project’s CfD support, enhancing revenue visibility by locking in a private off‑take arrangement alongside the UK government‑backed tariff mechanism.