The offshore wind farm is planned to begin operation in 2029. European Energy is the developer and currently the sole owner of the 240 MW project, in which TotalEnergies is expected to acquire an 85 per cent stake following an agreement the two companies signed in January.
European Energy recently got the construction permit for another offshore wind farm in Denmark, Lillebaelt Syd.
As part of the agreement, TotalEnergies will become the majority owner of both offshore wind farms in Denmark.
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