Vattenfall sells SWM a 49% stake in offshore wind farm DanTysk

Vattenfall chief executive Oystein Loseth

Vattenfall has sold a 49% stake in the German offshore wind farm DanTysk to Munich’s municipal utility Stadtwerke München (SWM), which is rapidly becoming a major actor in the European renewables scene.

DanTysk, which Vattenfall purchased from German developer Geo Gesellschaft für Energie und Ökologie in 2007, is licensed for 80 turbines and set in water depths of 30m.

It will be linked to the German grid as part of a joint connection with the Sylt cluster of projects, which includes Nördlicher Grund and SandBank 24 – among the most distant of all offshore wind farms planned in German waters.

Vattenfall says it will make a final investment decision on DanTysk in October. “Because of the distance to the coast, a final assessment…

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