East Anglia THREE, off the Suffolk coast in England, will have a capacity of 1.4 gigawatts of renewable electricity and help towards a government target of having 50 GW of offshore wind installed by 2030.

The wind farm is part of the so-called East Anglia Hub, which will have three offshore wind farms and deliver around 3 GW of power in total.

Parent company Iberdrola has said the East Anglia Hub's investment cost is around 10 billion pounds ($12 billion)and construction is expected to end in 2026.

($1 = 0.8176 pounds)

(Reporting by Nina Chestney)