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Turbine installation has been successfully completed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a global leader in clean energy, and Abu Dhabi’s Masdar, a prominent force in the UAE’s renewable energy sector.
Once fully operational, Baltic Eagle will provide renewable energy to approximately 475,000 households, while reducing carbon dioxide emissions by about 800,000 tons annually.
The 50 wind turbines, each with a capacity of 9.53 MW, were supplied by Vestas and installed by Fred Olsen Windcarrier.
Baltic Eagle is the second of Iberdrola’s three major offshore wind projects in Germany, alongside Wikinger (350 MW, operational) and Windanker (315 MW, in planning). Together, these projects form Iberdrola’s Baltic Hub.
This marks Masdar’s first project with Iberdrola, its debut in Germany, and its largest euro-denominated financing to date. By 2026, Iberdrola’s Baltic Hub will have a total capacity exceeding 1.1 GW, involving investments of around €3.7 billion. The Baltic Eagle wind farm plays a crucial role in Iberdrola’s growth strategy in Germany, where the company aims to collaborate with major industry players to support climate goals through market-based solutions.
A key part of this strategy is Iberdrola’s strategic partnership with Masdar. In July 2023, the two companies signed an agreement to co-invest in Baltic Eagle. At COP28, they announced an additional €15 billion deal to explore joint development of offshore wind and green hydrogen projects in Germany, the UK, and the US. “The completion of turbine installation at the Baltic Eagle wind farm is an important milestone in what is a record year for Iberdrola’s offshore wind activity. With this project, Iberdrola is on track to have nearly 5,000 MW of offshore capacity globally by the end of 2026.” said Ignacio Galán, Iberdrola’s Executive Chairman.
“Once fully operational, Baltic Eagle, the second offshore wind farm in our Baltic Hub, will make a considerable contribution to Germany’s energy transition, providing homegrown clean energy to almost half a million homes, whilst reducing emissions.
“This landmark milestone has been reached thanks to the strong partnership forged with Masdar, who share our vision of harnessing offshore wind energy to accelerate green energy security in Europe. It has also been made possible by the expertise and tireless com-mitment of the teams on site.”
HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar, and COP28 President, said: “The installation of the fiftieth and final turbine of the Baltic Eagle offshore windfarm marks an exciting milestone. With the project progressing according to schedule, Baltic Eagle is set to power 475,000 German households with clean, renewable energy. This achievement also strengthens Masdar’s partnership with Iberdrola, driving significant expansion in our offshore wind portfolio and advancing the global energy transition. Our collaboration, underscored by the €15 billion agreement signed at COP28 in the UAE, reaffirms our joint commitment to helping to triple global renewable energy capacity by 2030.”
