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Iberdrola acquires three onshore wind farms in Poland

Christian Fernsby |
Iberdrola has increased its renewable energy footprint in Poland, one of the company's new growth markets.

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The group has reached an agreement with CEE Equity Partner to acquire three new onshore wind farms with a total capacity of 163 megawatts (MW). The production from the facilities is largely already covered by 10-year power purchase agreements (PPAs).

Two of the projects, with a joint capacity of 112.5 MW, are already operational, while the third one, with 50.4 MW capacity, will start construction shortly.

The agreement reinforces Iberdrola's commitment to Poland, strengthening the company's position to be at the forefront of the energy transition in the country.

It follows the recent acquisition of 70% of the developer Sea Wind, which has a pipeline of seven offshore projects with a potential capacity of up to 7,300 MW.

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