Vårgrønn to acquire a 27.4% stake in the Baltic 2 offshore wind farm from PGGM.

Vårgrønn, an offshore wind company, agreed to acquire a 27.4% stake in the Baltic 2 offshore wind farm from PGGM, a cooperative pension investor. Financial terms were not disclosed. “Vårgrønn is pleased to enter Germany, one of the world’s largest offshore wind markets. This transaction provides Vårgrønn with a significant platform for further growth and important operational insight in anew market.” Stephen Bull, Vårgrønn CEO.