🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

RWE in consortium to take part in Dutch offshore tender Borssele

Published 11/11/2015, 08:57 pm
Updated 11/11/2015, 09:00 pm
© Reuters.  RWE in consortium to take part in Dutch offshore tender Borssele
RWEG
-

FRANKFURT, Nov 11 (Reuters) - German utility RWE RWEG.DE on Wednesday said it was part of a consortium set up to participate in coming offshore wind power tenders in the Netherlands focusing initially on the Borssele I and II projects totalling 700 megawatts (MW) of capacity.

The consortium consists of RWE subsidiary Innogy, EDP Renewables and Macquarie Capital, it said in a statement.

The plan sought to combine RWE and EDP's experience in developing and operating offshore wind parks with the presence of Macquarie in Dutch infrastructure and energy markets, it said.

Macquarie will be the consortium's financial advisor.

The Netherlands government plans to increase the country's offshore capacity by 3,500 MW between 2015 and 2019 via tenders for five sites with 700 MW each.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.