Windwas the biggest destination for investment by Vattenfall, with SKr897m ($138m)spent, or 27.5% more than in the year-ago same quarter.

Thecompany’s efforts will see more wind power come onto the grid soon, Løsethsaid.

Duringthe first quarter, Vattenfall and its partner Stadtwerke München (SWM) startedinstalling monopile foundations at the 288MW DanTysk offshore wind farm in theGerman North Sea, a project that is “on track”, Løseth said.