Offshore Wind
A brighter future means we bring the best of local and global to offshore wind development in Australia
Iberdrola Australia has a twenty-year track record of pioneering the energy transition in Australia.
This local expertise, combined with Iberdrola Group’s global leadership in offshore wind, enables us to combine the best of local and global. We are a trusted long term partner for all stakeholders in the development of offshore wind. We always work closely with local communities and Traditional Owners to deliver long lasting benefits for the economy, environment and communities.
As an Australian renewable energy leader, we are committed to working together with government, industry and community stakeholders to drive positive social impacts that help Australians realise the economic benefits of the Energy Transition.
We are a trusted and reliable partner
1.3 GW in operation and 1.8 GW under construction across six projects and four jurisdictions providing deep expertise in development, construction and operation.
Our financial strength and commitment to Australia enables us to secure funding for this development with existing corporate financial resources.
As at December 2022, the Group has gross assets of A$252bn, market capitalisation of A$123bn* and available undrawn liquidity of A$38bn.
In January 2023, Iberdrola Group was named one of the world’s 25 most sustainable business within the Global 100, an independent ranking provided by global ESG research firm, Corporate Knights. The Iberdrola Group has also been recognised by Ethisphere as one of the most ethical companies in the world. These public accolades arise from Iberdrola’s underlying commitment to creating shared value
for all stakeholders through the energy transition.
Our Offshore Proposal in Gippsland
- We are locating +25kms offshore to minimise visual impact
- 1200 long-lasting, skilled jobs during operation
- Up to 3,600 jobs during construction
- $8.8 billion boost to the Victorian economy
- Grow & support local talent through apprenticeships, scholarships and research programs
- Clean energy to power up to 5 million households
Our Commitment to Gippsland
Fairness: We will ensure that local businesses share in the economic value of offshore wind development, construction and operations;
Jobs and Skills: We are taking an integrated, long-term approach to training, internships and apprenticeships;
Inclusion: We are collaborating with and will partner with indigenous groups and individuals to create a brighter social and economic future, together.
Expertise: We are a proven operator with 1.3GW in operation and 1.8GW in construction across 6 projects, worldwide.
Australian track record: We are already one of Australia's largest green utilities, with a twenty year track record in Australia of creating shared value for all stakeholders.
Local market expertise
Iberdrola Australia employs more than 240 people with corporate offices in Sydney, Melbourne and Brisbane.
We are a fully integrated green energy supply business with capabilities in, and commitment to, investing in all energy infrastructure types required to deliver an orderly energy transition.
- Our local technical and commercial capabilities include:
• Wind, solar and dispatchable development, construction and
operation
• Regulatory and government affairs
• Energy markets and customer centric product offerings
• Grid connection and high voltage transmission development
• Green hydrogen development
• Integrated project development that combines renewable generation, networks, firming and customers to meet the full needs of the market and deliver state and federal policy objectives.
Our customer-centric and system-wide strategy uniquely places us as a trusted long-term partner for all stakeholders.
Global Technical Capabilities
The Iberdrola Group is a pioneer in developing the offshore wind industry across many markets, such as involvement in one of the first commercial scale offshore wind farms in the United States, the Vineyard Wind 1 (804 MW) project, and the United Kingdom’s 3,100 MW East Anglia Hub project.
In leading the industry for over more than 10 years, this experience has taught us that every project has a unique set of technical challenges that require innovative solutions. For example, on the St Brieuc project in France we overcame difficult metocean and geotechnical conditions and on the Baltic Eagle project in Germany, we developed industry leading mitigation measures for subsea noise insulation.
In all these instances, the Iberdrola Group overcame unique technical challenges and proposed outcomes that were fair for all stakeholders.
Offshore Wind Image Gallery
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