2022-10-07
http://w3.windfair.net/wind-energy/pr/39993-enbw-usa-uk-offshore-business-totalenergies-sale-hand-over-wind-farm-germany-europe-concentration

News Release from EnBW Energie Baden-Württemberg AG

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Wind Industry Profile of


EnBW to focus on growth in European offshore wind

Following successful auctions in UK, EnBW exits U.S. market and hands over activities to TotalEnergies

Image: PixabayImage: Pixabay

Following successful auctions in the UK and the announcement of bold offshore wind build-out targets in Germany, EnBW will focus their future offshore wind activities on the European market. EnBW North America and their assets will be acquired by partner TotalEnergies. In the upcoming months EnBW will continue to support TotalEnergies’ U.S. activities.

EnBW currently is developing their 900MW North Sea wind farm ‘He Dreiht’. In 2021 and 2022 EnBW was successful in auctions in England/Wales and Scotland where EnBW will develop three offshore wind farms with a combined capacity of approximately six gigawatts. Furthermore, the newly elected German government just recently announced ambitious build-out targets – an additional 10GW shall be installed in EnBW’s home market Germany by 2030.

After establishing their U.S. market presence, EnBW started to develop offshore wind opportunities in both the East and West coasts of the country. After bidding in the 2018 Massachusetts offshore wind land lease auction, EnBW’s North America team prepared for the New York Bight land lease auction together with partner Total Energies. With this win in the auction, EnBW will sell their U.S. offshore wind activities to partner TotalEnergies and push forward their European asset.

“We are pleased to have been able to contribute our offshore expertise and experience to this joint success,” said Michael Class, Senior Vice President Power Generation / Portfolio Development. “At the same time, now is also the right time for us to realign our offshore activities with focus on the European market. We would like to thank our partner TotalEnergies for the excellent cooperation and congratulate them on this auction success. We will continue to support our partner with our expertise and look forward to further future collaborations.”

Source:
EnBW
Author:
Press Office
Link:
www.enbw.com/...
Keywords:
EnBW, USA, UK, offshore, business, TotalEnergies, sale, hand over, wind farm, Germany, Europe, concentration



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