Norway-based Vårgrønn has agreed to acquire a 27.4% stake in the operational 288MW Baltic 2 offshore wind farm from PGGM Infrastructure Fund. EnWB will maintain a majority stake of 50.1% in the Baltic 2 offshore wind farm and will continue to manage operations and maintenance activities.

Vårgrønn has entered into an agreement to acquire a 27.4% stake in the operational 288 MW Baltic 2 offshore wind farm from PGGM Infrastructure Fund.  Following the deal closing, EnWB and Vårgrønn will respectively own 50.

Sweden has rejected applications to build 13 offshore wind farms in the Baltic Sea due to defence concerns, while giving the go-ahead to one on its west coast, the government said on Monday.

Sweden has cancelled 13 planned offshore wind farms in the Baltic Sea on security grounds. The government in Stockholm, a new NATO member, announced on Monday that it would no longer issue any licences for the construction and operation of the farms,

Spread the loveIn a significant shift in energy policy, Sweden has scrapped plans to build 13 offshore windfarms in the Baltic Sea, citing security concerns related to Russia’s ongoing invasion of Ukraine.