Masdar and Iberdrola forge $16bn offshore wind, green hydrogen alliance

Abu Dhabi’s Masdar and Spanish utility Iberdrola have inked a €15bn ($16.2bn) strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in markets such as Germany, the UK and the US. After the parties’ co-investment in Baltic Eagle, in Germany, the new move will be to achieve a further …

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