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Vattenfall has at present accomplished the sale of the Norfolk Offshore Wind Zone to RWE. The agreed buy value corresponds to an enterprise worth of £963 million.
The deal ensures continued growth of the Norfolk Zone which is able to produce clear energy for over 4 million properties throughout the UK. Vattenfall will report a capital acquire from the transaction, the precise quantity to be communicated within the forthcoming interim report for January-March 2024.
The Norfolk Offshore Wind Zone contains of three absolutely consented wind farms – Norfolk Boreas, Norfolk Vanguard West and Norfolk Vanguard East and at 4.2GW will probably be one of many largest offshore wind developments on this planet. Continued engagement with key supply companions and with native companies in East Anglia will ship a seamless transition of labor from Vattenfall to RWE because the Zone is developed.
Vattenfall stays dedicated to the UK, with 1.1GW put in offshore and onshore wind capability; the 798MW Muir Mhor floating offshore wind farm in growth with our JV accomplice Fred Olsen Seawind, plus a pipeline of round 1.5GW of onshore wind initiatives; warmth networks below development in three main UK cities; and over 50 websites linked to the Impartial Community Operator enterprise.
For additional info, please contact:Â
Tim Dunford, Vattenfall Media Relations UK, +44 77 855 526 66, tim.dunford@vattenfall.com
Peter Kocen, Vattenfall Media Relations UK, +44 78 904 002 67, pete.kocen@vattenfall.com
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