RWE to acquire the UK Norfolk Offshore Wind Zone portfolio from Vattenfall for £963m.

RWE, an offshore wind company, agreed to acquire the UK Norfolk Offshore Wind Zone portfolio from Vattenfall, a producer and retailer of electricity and heat, for £963m. “With the acquisition of the Norfolk Offshore Wind Zone portfolio, we are taking over three well-advanced offshore wind projects from Vattenfall. I am very happy that we will work with Vattenfall towards facilitating team continuity to ensure the successful handover and further development of the projects. Equally I am looking forward to continuing the work with the supply chain companies. We will deliver these as part of our Growing Green investment and growth programme,“ Sven Utermöhlen, RWE CEO of Offshore Wind.