For the Danish Thor and Germany’s Nordseecluster projects, RWE agreed that Norges Bank Investment Management will acquire a 49 per cent stake in both offshore wind projects.
The EUR 1.4 billion acquisition, expected to be completed by the end of the second quarter, will significantly reduce the company’s investment requirements for the projects by around EUR 4 billion, according to Müller.
The CFO also revealed in his press conference call speech that the 3.6 GW Dogger Bank Wind Farm is scheduled to feed first electricity into the grid in the autumn, while the full commissioning will follow next year.
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