
Under the agreement, Iberdrola will be able to place orders for 130 XXL monopile foundations with the Navantia-Windar consortium between 2023 and 2025 for future offshore wind farms, worth up to €400 million. As a result of the agreement, the consortium formed by Windar and Navantia will erect a XXL monopile factory on land at the Navantia shipyard in Fene (A Coruña), Spain. The consortium's planned investment amounts to €36 million with production at these facilities set to provide jobs for 1,000 people. The new XXL monopile factory, which will fabricate foundations over 100 m long and weighing up to 2,500 tonnes, will be up and running within 13 months.