The two Chinese companies are participating in the second round of an auction to sell the €1.3bn ($1.4bn) Meerwind project — situated 23km off the island of Heligoland, with 80 of Siemens’ 3.6MW turbines — for as much as €1.6bn, according to Bloomberg, citing anonymous sources close to the matter.
Other investors vying for Meerwind include Munich Re’s MEAG asset-management unit and Borealis Infrastructure.
The