{"id":119898,"date":"2023-02-16T12:13:15","date_gmt":"2023-02-16T11:13:15","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/?post_type=press_release&#038;p=119898"},"modified":"2025-04-07T12:49:41","modified_gmt":"2025-04-07T10:49:41","slug":"rwe-agreement","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en\/press-releases\/rwe-agreement\/","title":{"rendered":"Ferrovial and RWE team up on offshore wind in Spain"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>Ferrovial, the <strong>sustainable infrastructure<\/strong> and mobility company, and RWE, a world-leading renewables player, have agreed on a <strong>partnership<\/strong> to analyze the joint development, construction and operation of floating offshore <strong>wind projects<\/strong> off the Spanish coast. The companies have signed a Memorandum of Understanding (MoU) to set up the terms of a final agreement. The partnership represents a strong <strong>combination of experience<\/strong> and expertise in offshore wind development and construction, efficient project delivery, safe operation, and extensive knowledge of the Spanish energy market.<\/p>\n<blockquote><p>\u201cThis agreement represents a further step in our firm commitment to decarbonizing the economy, and to renewable energies. At Ferrovial, we clearly see the growth opportunities that this sector offers, which is why we have decided to partner with another market leader, RWE. Its capabilities, especially in offshore wind are highly regarded and its presence in the renewables sector make it the right partner to strengthen our bid in Spain,\u201d said Gonzalo Nieto, CEO of Ferrovial Energy Infrastructure and Mobility.<\/p><\/blockquote>\n<p>\u201cSpain has been an important core market for RWE to grow our <strong>solar and onshore business<\/strong> for many years. Now we are excited to go one step further. Floating offshore wind is key to meeting the increasing demand for renewable power in Europe, <strong>delivering sustainability solutions<\/strong>, supporting local industries, and creating new, future-proof jobs. Together with our partner Ferrovial we are committed to contributing towards Spain\u2019s offshore wind objectives \u2013 hand in hand with the local communities and supply chain. We bring more than <strong>20 years of experience<\/strong> in the offshore industry to this partnership,\u201d said Sven Uterm\u00f6hlen, CEO of RWE Offshore Wind GmbH.<\/p>\n<p>The powerful partnership will boost the expansion of offshore wind to<strong> contribute to Spanish energy targets.<\/strong> Spain has laid out a roadmap to becoming a leading European market for floating offshore wind, setting a target of 3 gigawatts (GW) of floating offshore wind capacity by 2030. Spain is a highly attractive market with significant development opportunities for offshore wind. In fact, the National Marine Spatial Plan indicates a <strong>potential capacity<\/strong> of more than 20 GW. The Spanish government has agreed on floating wind as the preferred technology for offshore wind, based on the considerable water depths.<\/p>\n<p>To date, Ferrovial has submitted expressions of interest for <strong>four wind farms<\/strong> in the country with an installed capacity of 1,750 MW. Specifically, the company plans to build these infrastructures off the coast in Lugo, Pontevedra, Gerona and Gran Canaria. All of them would be located between 11 and 30 kilometers from the coast.<\/p>\n<h2><strong>Partners have strong expertise along the value chain<\/strong><\/h2>\n<p>With the aim of promoting and developing new sustainable business opportunities and coordinating existing initiatives related to <strong>energy infrastructure<\/strong>, Ferrovial created the Energy Infrastructure and Mobility business unit under its Horizon 24 strategic plan. Through this unit, Ferrovial participates in all phases of the projects, leveraging its experience at all stages from identification of<strong> opportunities to development<\/strong>, financing, construction, and operation. The company first entered this market in 2016, when it acquired control of Chilean company Transchile, which operates a 204-kilometer power line and supplies 300,000 people. This initiative was <strong>followed by numerous other projects<\/strong>, including the construction, operation, and maintenance of the El Berrocal photovoltaic plant in Seville (Spain), the Tap Mauro transmission line (Chile) and the 250-kilometer Centella line (Chile), currently under construction. The activity is concentrated in Ferrovial&#8217;s main markets, particularly the United States, Spain, Chile and Poland. It also plays an important role in the<strong> company&#8217;s sustainable strategy<\/strong>, through its contribution to combating climate change and to decarbonization.<\/p>\n<p>RWE is one of the world\u2019s leading companies in offshore wind, covering the entire value chain from project conception and <strong>development to construction<\/strong>, as well as operation and maintenance. RWE aims to be recognized as a sustainability leader in offshore wind, delivering sustainable solutions around the world. With unparalleled expertise accumulated over the last 20 years, RWE now operates<strong> 18 wind farms in five countries<\/strong>. By 2030, RWE plans to grow its offshore wind capacity from 3 GW to 8 GW (accounting only for RWE\u2019s share). Globally, RWE is driving an offshore wind development pipeline of 10 GW with secured offshore rights. RWE\u2019s focus for further growth is on North America, the Asia Pacific region, and <strong>attractive markets in Europe.<\/strong><\/p>\n<p>RWE is well on the way to becoming a leader in <strong>floating wind<\/strong>. In addition to winning a tender in California, RWE has been selected as qualified bidder for two commercial floating projects off the French coast. Now, the company is preparing for joint participation in the Utsira Nord floating wind tender in Norway, while investigating floating wind opportunities in the APAC region. To build up experience in advance, RWE is participating in various floating demonstration projects, each<strong> based on a different foundation concept<\/strong>. For example, in Spain RWE and Saitec Offshore Technologies are testing the DemoSATH floating unit, which is planned to be installed later in 2023. Ferrovial was responsible for the construction of the DemoSATH concrete platform. RWE\u2019s partnership with Ferrovial in offshore wind builds on a long-established renewables business in Spain, comprising onshore wind <strong>capacity of around 490 MW<\/strong>, solar capacity of more than 90 MWac and more than 150 MW under construction.<\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":119891,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[2251],"nivel-5":[1903],"nivel-1":[2330],"nivel-3":[1321],"nivel-4":[1802],"class_list":["post-119898","press_release","type-press_release","status-publish","has-post-thumbnail","hentry","nivel-2-corporate","nivel-5-ferrovial-en","nivel-1-energy","nivel-3-spain","nivel-4-galicia-en"],"acf":[],"yoast_head":"<title>Ferrovial and RWE team up on offshore wind in Spain<\/title>\n<meta name=\"description\" content=\"Ferrovial and RWE have reached an agreement to jointly develop wind offshore projects in front of the Spanish 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