Announced
Financials
Sources
Tags
Acquisition
Cross Border
Renewable Energy Equipment
Majority
Private
United Kingdom
offshore wind
Pending
Friendly
Single Bidder
Synopsis
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.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.