Navantia secures contract from Iberdrola

9 October 2016 (Last Updated October 9th, 2016 18:30)

Spanish public multinational electric utility company Iberdrola has awarded a €65m contract to Navantia Puerto Real for the construction of a substation for East Anglia One offshore windfarm.

Spanish public multinational electric utility company Iberdrola has awarded a €65m contract to Navantia Puerto Real for the construction of a substation for East Anglia One offshore windfarm.

The utility is developing East Anglia One, which will have capacity to produce 714MW of electricity.

Iberdrola's chairman Ignacio Galán said: “Thanks to its competitiveness, quality, and expertise, Navantia has won this new contract for one of our most important energy projects, in which the President has expressed her interest on numerous occasions.

"Navantia may go on to receive subsequent orders for our upcoming offshore windfarm projects in the UK, France, and Germany."

“Given the consolidation of this new line of production at Navantia, it may go on to receive subsequent orders for our upcoming offshore windfarm projects in the UK, France, and Germany”.

The company also said the contract to Navantia's shipyard in Cádiz will create approximately 350 jobsover the next two years.

As per the terms of the contract, Navantia's shipbuilding facilities in Puerto Real will be responsible for manufacturing various components required for constructing the new substation, which will weigh approximately 7.7t upon completion. It is the fourth contract secured by Navantia from Iberdrola.

Until now, Navantia has secured contract worth €350m from Iberdrola, and created jobs for more than 2,600 people in Puerto Real, Fene and Avilés (Windar).


Image: Navantia secures contract from Iberdrola. Photo: courtesy of Iberdrola, S.A