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Home›Business & Finance›Vårgrønn Takes Over Dutch Pension Fund’s Stake in 288 MW German Offshore Wind Farm
Business & Finance

January 8, 2025 · about 1 year ago

Vårgrønn Takes Over Dutch Pension Fund’s Stake in 288 MW German Offshore Wind Farm

Vårgrønn, a joint venture between Plenitude and Norway’s HitecVision, has acquired 100 per cent of PGGM Infrastructure Fund’s shares in the 288 MW Baltic 2 offshore wind farm in Germany. The German energy company EnBW owns 50.1 per cent and Vårgrønn holds 27.4 per cent of the Baltic 2 offshore wind

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Baltic 2

Located in the German Baltic Sea, 32 kilometres north of Rügen Island, the Baltic 2 offshore wind farm comprises 80 SWT-3.6-120 wind turbines.

The project, which started operation in September 2015, produces around 1,200 GWh per year, providing renewable energy to about 340,000 households, according to Vårgrønn.

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