RWE swoops for Vattenfall's 4.2GW Norfolk offshore wind portfolio in £963m deal

Stuart Stone
clock • 5 min read
Credit: RWE
Image:

Credit: RWE

German energy giant inks deal to continue development three 'massive' offshore wind farms, one of which had been paused by Vattenfall amid wider industry inflationary pressures

RWE is poised to snap up the rights to develop three major offshore wind projects off the coast of Norfolk comprising 4.2GW of planned capacity, after announcing a near-£1bn deal with Swedish state-owned...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Study: Conservative ban on onshore wind farms cost UK £900m in economic output

Study: Conservative ban on onshore wind farms cost UK £900m in economic output

New modelling calculates de facto ban on onshore wind farms in England blocked clean electricity that could have served 1.6 million homes

James Murray
clock 15 April 2025 • 4 min read
Floating wind: Three major Celtic Sea projects progress to final seabed auction

Floating wind: Three major Celtic Sea projects progress to final seabed auction

Projects totalling 4.5GW of new clean power capacity progress to final bidding stage this Spring for seabed leases with the Crown Estate

Michael Holder
clock 07 April 2025 • 4 min read
Rampion 2: Government gives green light to giant 1.2GW Sussex offshore wind farm

Rampion 2: Government gives green light to giant 1.2GW Sussex offshore wind farm

90-turbine project expected to be up and running by 2030, providing a major boost to government's clean power mission

Michael Holder
clock 04 April 2025 • 4 min read