Iberdrola Focused More on Partnerships in Offshore Wind than Spinoff - CEO

Published

Ignacio Galán, president of Iberdrola, in one of the group's offshore wind farms - File Photo (Credit: Iberdrola)
Ignacio Galán, president of Iberdrola, in one of the group's offshore wind farms - File Photo (Credit: Iberdrola)

Iberdrola is more focused on striking partnerships in the offshore wind power generation business than on any potential spinoff, Chief Executive Ignacio Galan said on Wednesday.

Asked about the possibility of spinning off that part of the business, which he had said last year the company would consider, Galan suggested it was not the most likely scenario: "It is not in our table but it is an option... We are more focused on partnerships."


Current News

TVO Adds to Project Management Team

TVO Adds to Project Management

BOEM Proposes BBG3, Third Gulf of America Lease Sale

BOEM Proposes BBG3, Third Gulf

Op/Ed: Crude Oil's Iran Premium Assumes No Supply Disruption

Op/Ed: Crude Oil's Iran Premiu

Turkey Objects to Greece’s Chevron Energy Deal in Eastern Mediterranean

Turkey Objects to Greece’s Che

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine