RWE JV plan to develop Spanish floating wind projects

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Ferrovial and RWE have signed a Memorandum of Understanding (MoU) to explore the potential for joint development, construction, and operation of floating offshore wind projects off the Spanish coast. This strategic partnership brings together experience and expertise in offshore wind development and construction, efficient project delivery, safe operation, and a deep understanding of the Spanish energy market.

Spain has set a goal of 3 GW of floating offshore wind capacity by 2030. According to the National Marine Spatial Plan, the potential capacity of the Spanish waters is estimated to be more than 20 GW. The Spanish government has identified floating wind as the preferred technology for offshore wind due to the considerable water depths.

Ferrovial has already submitted expressions of interest for four wind farms in the country with an installed capacity of 1,750 MW. These projects are planned to be located off the coast in Lugo, Pontevedra, Gerona, and Gran Canaria, all situated between 11 and 30 km from the coast.

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