Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Iberdrola took final investment decision (FID) on its 315 MW Windanker offshore wind farm in the German Baltic Sea, moving the project into the delivery phase with all major supply chain contracts for 21 next‑generation 15 MW turbines locked in and fabrication scheduled to start in July 2024. The company plans to invest more than €1 billion in Windanker, which will form part of its Baltic Hub alongside Wikinger and Baltic Eagle.