Vattenfall AB more than tripled its net profit in 2024 thanks to capital gains from the <a href="https://renewablesnow.com/news/basf-buys-49-percent-of-vattenfalls-1-6-gw-nordlicht-offshore-complex-855429/" target="_blank">sale of 49%</a> of the Nordlicht I and II offshore wind power projects in Germany to BASF and the <a href="https://renewablesnow.com/news/rwe-closes-purchase-of-4-2-gw-norfolk-offshore-wind-portfolio-in-uk-852993/" target="_blank">sale of the Norfolk</a> offshore wind zone in the UK.