Iberdrola and Kansai completed a $157m investment in Windanker.

Iberdrola, an energy provider, and Kansai, an electric utility operator, completed a $157m investment in Windanker, a 315 MW German offshore wind farm located in the Baltic Sea. Ignacio Galán, executive chairman of Iberdrola, and Toru Kuwahara, executive vice president of Kansai, announced the expansion of their strategic alliance with the aim of accelerating electrification globally. This collaboration will focus on various power grid and renewable energy projects in different countries.