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Iberdrola strikes XXL monopile deal with Navantia-Windar JV

05/07/2021
  • Thanks to this agreement, the consortium made up of the two manufacturers will set up a factory for XXL monopiles on the grounds of the Fene shipyard, in A Coruña
  • Through this agreement, Iberdrola secures part of these components in advance for the coming years, while Windar-Navantia is positioned for the award of 130 monopiles of more than 100 m in length and up to 2,500 t in weight each.
  • Iberdrola strengthens a relationship of more than seven years with Navantia and Windar, which between them add offshore wind contracts for a value close to 1,300 million euros

Iberdrola is advancing its growth strategy in the offshore wind market and reinforces its driving role in the local industry with a collaboration framework agreement with Windar and Navantia for the manufacture and supply of 130 XXL monopile foundations. With this agreement, Iberdrola will be able to place orders to these manufacturers for a value of up to 400 million euros, between 2023 and 2025, for future offshore wind farms and the preferential supply of a part of these components for the coming years is ensured.

From this signing, the consortium formed by Navantia and Windar will start up a factory of XXL monopiles on the grounds of the Navantia shipyard in Fene (A Coruña). The construction of this factory will allow the improvement of the capacities of the Navantia shipyard in Fene, providing it with a new product within the sector of fixed marine foundations. This diversification was not accessible to date because it requires very specific facilities, this product -the monopile- being the star of the foundation market in the last decade, which will remain in the coming years.

The investment projected by Windar-Navantia includes the adaptation of a warehouse to bend thick sheet metal up to 16 m in diameter, new painting booths and storage areas for finished products, as well as the latest technology equipment necessary for manufacturing. The new XXL monopile factory -which will manufacture foundations of more than 100 m in length and up to 2,500 t in weight- will be available in a period of 13 months and will be located in a part of the Fene shipyard facility, without interfering with the productive means for the construction of other offshore wind products, such as jackets and floating structures.

KeyFacts Energy: Iberdrola Energy Spain country profile 

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