JERA Nex BP has completed the acquisition of Sumitomo Corporation’s stakes in the Belgian offshore wind farms Northwester 2 and Nobelwind.
The transaction gives JERA Nex BP full ownership of the 219 MW Northwester 2 offshore wind farm through the acquisition of Sumitomo’s 30 per cent stake. The company has also increased its holding in the 165 MW Nobelwind offshore wind farm to 80.1 per cent after acquiring Sumitomo’s 39.02 per cent interest.

