03/23/2023

JERA acquires developer Parkwind

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JERA will bring highly complementary capabilities and financial support to help the Company blossom, in a world where offshore wind will continue to play an instrumental role in facilitating global energy decarbonisation.

Official Press Release Parkwind:

JERA and Virya Energy reach an agreement for the acquisition of Parkwind by JERA

Wind Industry Profile of

On 22 March 2023, JERA Co., Inc. signed an agreement with Virya Energy NV to acquire 100% of the shares of Parkwind NV, Virya Energy’s offshore wind energy platform. Closing of the transaction is expected later this year and is subject to customary conditions relating to approval by the relevant competition and other regulatory authorities.

JERA has entered into a definitive agreement with Virya Energy to acquire Parkwind for an equity value of close to €1.55 billion. In addition, JERA and Virya will explore the possibility for Virya to re-invest in a minority stake in Parkwind’s Belgian wind farms and discuss collaboration on future opportunities within Belgium. Parkwind, an established European offshore wind developer, owner and operator,... ... More: Official Press Release Parkwind