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Published on : 06/23/2024
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The French group TotalEnergies and the German company EnBW won a call for tenders in Germany on Friday for the construction of offshore wind farms off the coast of the Heligoland archipelago. A project totaling an investment of €3.02 billion.
TotalEnergies and EnBW were selected in auctions for two lots of future offshore parks located in the North Sea, 120 km northwest of the German Heligoland archipelago. The entry into service of these parks, totaling a power of 2,500 MW, is planned for 2031. The concession is planned for a period of 25 years but with the possibility of extending it to 35 years, according to TotalEnergies.
TotalEnergies will invest €1.95 billion, via its subsidiary Offshore Wind One GmbH, of which it is the sole shareholder since the recent departure of its German partner RWE, and EnBW, €1.065 billion for its lot.
“This success will allow TotalEnergies to build a 3.5 GW offshore wind hub in the German part of…
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