Vattenfall acquires German wind-development project

By Michelle Froese By 2020, Vattenfall expects to double its wind capacity to 4,000 MW and invest more than SEK 50 billion (about 5 billion euros).
Vattenfall has acquired a wind-development project consisting of up to 79 turbines in the German North Sea. The acquisition is in line with Vattenfall’s growth strategy to extensively expand its renewable-energy production in the coming years.
The Global Tech II wind project is located in the German North Sea, some 85 kilometers north of the island of Borkum, in an area of about 47 square-kilometers.
“The acquisition underlines once more that our growth ambitions in wind are under full steam,”

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