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Iberdrola closes a framework agreement with Navantia and Windar for future offshore wind farms, valued at 400 million euros

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  • Thanks to this agreement, the consortium made up of the two manufacturers will set up a factory for XXL monopiles on the grounds of the Fene shipyard, in A Coruña
  • Through this agreement, Iberdrola secures part of these components in advance for the coming years, while Windar-Navantia is positioned for the award of 130 monopiles of more than 100 m in length and up to 2,500 t in weight each.
  • Iberdrola strengthens a relationship of more than seven years with Navantia and Windar, which between them add offshore wind contracts for a value close to 1,300 million euros

Iberdrola advances in its growth strategy in the offshore wind market and reinforces its driving role in the local industry with a framework collaboration agreement with Windar and Navantia for the manufacture and supply of 130 XXL monopile foundations. With this agreement, Iberdrola will be able to place orders to these manufacturers for a value of up to 400 million euros, between 2023 and 2025, for future offshore wind farms and the preferential supply of a part of these components for the coming years is ensured.

From this signing, the consortium formed by Navantia and Windar will start up a factory for XXL monopiles on the grounds of the Navantia shipyard in Fene (A Coruña). The construction of this factory will allow the improvement of the capacities of the Navantia shipyard in Fene, providing it with a new product within the sector of fixed marine foundations. This diversification was not accessible to date because it requires very specific facilities, this product -the monopile- being the star of the foundation market in the last decade, which will remain in the coming years.

The investment projected by Windar-Navantia includes the adaptation of a warehouse to bend thick sheet metal up to 16 m in diameter, new painting booths and storage areas for finished products, as well as the latest technology equipment necessary for manufacturing. The new XXL monopile factory -which will manufacture foundations of more than 100 m in length and up to 2,500 t in weight- will be available in a period of 13 months and will be located in a part of the Fene shipyard facility, without interfering with the productive means for the construction of other offshore wind products, such as jackets and floating structures.

ENERGY TRANSITION AND GREEN RECOVERY

With this initiative, companies reinforce their commitment to the energy transition and their contribution to green recovery and employment, associated with future renewable projects. Likewise, a relationship of more than seven years is consolidated between Iberdrola and Navantia-Windar, which between them add contracts worth close to 1,300 million euros.

Among the projects successfully executed for Iberdrola by the consortium in the Navantia Fene and Puerto Real shipyards (Cádiz) are the Wikinger offshore wind farms, in German waters of the Baltic Sea; East Anglia One, in the United Kingdom; the new Saint Brieuc wind farm, in the waters of French Brittany, and two substations for the latter two parks, awarded to Navantia. In addition, Windar will make the transition pieces for the park that the energy company will build in the United States, Vineyard I.

A year ago, Iberdrola awarded the UTE Navantia-Windar the construction of 62 jackets that support the offshore wind turbines and the piles necessary for their installation in the French park of Saint Brieuc . The contract, for an amount of 350 million euros, represented at the time the largest in the history of Windar-Navantia in the offshore wind sector.

Since then, the consortium has been manufacturing at the Fene shipyard facilities and the Windar factories in Avilés. The final assembly of all the sub-assemblies will be carried out at the Galician shipyard facilities. In all these jobs, more than 2,000 professionals are directly involved. To these will be added the several thousand jobs that will be generated in local contractors, both in Spain and in France, where Navantia-Windar has a production unit in the port of Brest, where components of the jackets for the park are manufactured.

TOWARDS GLOBAL LEADERSHIP

The trajectory of these contracts demonstrates the opportunities offered by a future market, such as offshore wind – in which Iberdrola is advancing towards global leadership – and how the green economy has become a great pole of industrialization and sustainable employment and quality.

Offshore wind has been confirmed as one of Iberdrola’s growth vectors: it has 1,300 MW installed – Wikinger , East Anglia ONE and West of Duddon Sands – and will triple this capacity with the current construction of 2,600 MW. The group’s current portfolio in this technology totals 20,000 MW, of which 9,000 MW are ready for construction and more than 10,000 MW planned for development in markets such as the United States, Sweden, Japan, Poland and Ireland. By 2030, Iberdrola expects to reach 12,000 MW in operation.

GREEN INVESTMENTS TO PROMOTE ECONOMIC RECOVERY AND EMPLOYMENT

Iberdrola has been leading the energy transition for two decades and acting as a key driving agent in the transformation of the industrial fabric and the green recovery of the economy and employment. The company has launched a historic investment plan of 150,000 million euros in the next decade -75,000 million euros by 2025-, with which to triple the renewable capacity and double the network assets and take advantage of the opportunities of the energy revolution that they face the main economies of the world.

After investments of 120,000 million euros in the last twenty years, Iberdrola is a leader in renewable energy with nearly 35,000 MW installed; a volume that makes its generation park one of the cleanest in the energy sector.

With emissions of 28 grCO2 / kWh, which are already two-thirds lower than the European average, the investment strategy in clean energy and networks will lead Iberdrola to be a “carbon neutral” company in Europe by 2030.

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