Link Securities |European players Shell, Orsted and Equinor have turned their attention to Spain as a strategic objective for the development of their offshore wind energy. Each one of the companies has teamed up with a Spanish firm to participate in the mega auctions which are going to be held. Orsted has joined up with Repsol and Equinor has chosen Naturgy. Meanwhile Shell has just signed a strategic agreement with Capital Energy. Spain aims to develop 3.000 MW of offshore wind, which is 40% of the target for the whole of the European Union.
Orsted teams up with Repsol, Equinor with Naturgy, to develop offshore wind energy in Spain
Orsted teams up with Repsol for offshore wind development in Spain
