Vattenfall and Seagust form joint venture

Wind Industry Profile of

Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market.

The joint venture intends to bid on licenses in both the Utsira Nord and Sørlige Nordsjø II areas in the North Sea. The Norwegian?government?has announced plans to build up to 4.5 gigawatts from both floating and bottom-fixed wind turbines, and the licensing rounds are expected to take place within 2022.  Helene Biström Head of BA Wind Vattenfall says: “Norway is an attractive market to us with huge wind resources and we are delighted to see the growing support from the Norwegian government. This joint venture offers us a... ... More: Official Press Release Vattenfall

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Vattenfall, Seagust, joint venture, Norway, offshore, wind farm, licensing round, auction, tender, gigawatts, floating, fossil free, energy transition, owner, development