The Navantia-Windar alliance will manufacture and supply XXL monopile foundations for a number of Iberdrola’s offshore wind power projects, according to the Spanish trio’s agreement.
Iberdrola said it would place orders for 130 pieces of XXL foundations, worth up to $471.6m between 2023 and 2025.
The future flow of orders will enable the joint venture to set up an XXL monopile factory at Navantia’s shipyard in Fene, a municipality in northwest Spain.
The partners would invest some $42.62m in the new facility, which in 13 month- time would be capable of manufacturing over 100-metre-long foundations weighing up to 2,500 tonnes. The construction project will involve an adaptation of an existing building within Navantia’s shipyard, Iberdrola said.
"Today we are creating an alliance that combines Iberdrola's growth plans -- a global offshore wind pipeline that will require investments of close to $35.5 bn over the next decade -- with the competitiveness and know-how of Navantia and Windar”, said Iberdrola CEO Ignacio Galan.
The Navantia-Windar JV has a long history with Iberdrola as a supplier of components for Wikinger, East Anglia One, Saint Brieuc and Vineyard Wind I offshore wind projects. More recently, Windar alone was awarded a contract to manufacture transition pieces for the 476-MW Baltic Eagle wind project off Germany's coast.
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