Weekly renewables M&A round-up (Aug 15-19)
Aug 19, 2022 17:14 CESTJanuary 14 (Renewables Now) - German energy company RWE AG (ETR:RWE) announced on Thursday that all of the turbines at the 857-MW Triton Knoll offshore wind farm in UK waters had been commissioned.
“It’s a great credit to the project team and to our supply chain partners that we have reached this milestone on time,” commented Sven Utermoehlen, CEO Offshore Wind, RWE Renewables,
The GBP-2-billion (USD 2.75bn/EUR 2.4bn) wind farm is now expected to commence full operations in the first quarter of 2022. It is equipped with 90 units of MHI Vestas 9.5-MW turbines installed off the east coast of England.
RWE constructed the Triton Knoll wind farm on behalf of its project partners, Japan’s Electric Power Development Co Ltd (TYO:9513), also known as J-Power, and Kansai Electric Power Co Inc (TYO:9503). The German energy major owns a 59% stake in the project, with J-Power and Kansai Electric Power holding a 25% and 16% interest, respectively.
RWE will also operate and maintain the wind farm once it is up and running.
(GBP 1.0 = USD 1.374/EUR 1.198)
Weekly renewables M&A round-up (Aug 15-19)
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