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Iberdrola, Vattenfall Seek to Build Wind Farm Off U.K. Coast

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Dec. 18 (Bloomberg) -- Iberdrola SA, the world’s largest wind-farm operator, is seeking U.K. permission to build a 1,200-megawatt project off eastern England with Vattenfall AB.

The East Anglia One project would be the first phase in a wind complex that could generate as much as 7,200 megawatts, Iberdrola said today in an e-mailed statement. The 325 turbines of the initial wind park would supply power to about 770,000 homes, the company said.

The U.K. has installed more offshore wind-power capacity than any other country, and more than half of the European total. The government, seeking to boost clean-energy output as aging power plants are retired, pays subsidies for wind energy at sea as it targets a sixfold increase in capacity to 18,000 megawatts of turbines by 2020.

The East Anglia One farm would create 2,700 jobs during construction, according to Bilbao, Spain-based Iberdrola. If approved, the project will be the company’s “most ambitious” venture, with building work starting in 2016 and first power generation due in 2018.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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