The
Swedish
company
holds
a
51%
stake
in
DanTysk,
with
Munich
utility
SWM
holding
49%.
Total
investment
costs
will
be
more
than
€1bn
($1.34bn),
SWM
says.
The
project
is
planned
to
be
fully
operational
in
mid-2014.
“Construction
processes
at
sea
logistically
are
very
demanding,
and
we
hope
that
favourable
weather
conditions
prevail
to
be
able
to
erect
all
80
foundations
by
August,”
Vattenfall
project
leader
Holger
Grubel
says.
“Starting
in
the
summer...
we
will
also
erect
the
first
wind
turbines.”
The
first
monopile
steel
foundations
have
been
loaded
on
the
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