EIFO is providing a £500 million guarantee for the £4 billion East Anglia 3 Offshore Wind Project off Suffolk, developed by ScottishPower Renewables. The 1397MW wind farm will use 95 Siemens Gamesa 14.7 MW turbines and is set to be operational by the end of 2026. This is Iberdrola’s first offshore wind project financed outside its balance sheet.
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