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| Strabag sells offshore wind farm project Albatros  EnBW Energie Baden-Württemberg AG has acquired the Albatros offshore wind farm project from the consortium partners Strabag and the Norderland/ETANAX Group. This offshore wind project, which has approval for 79 wind turbines of the 5-7 MW rating class, is located 105 km off the coast in the German sector of the North Sea. The wind farm covers an area of 39 km2 at a water depth of 39-40 m. The contractual partners have agreed not to disclose any information about the purchase price."Of our total of 13 offshore wind farm project developments, we have since the start of the year been in talks to sell two approved projects and one project that is ready for approval. Now we are pleased to have completed the sale of Albatros to our experienced partner company EnBW", Felix Koselleck and Günter Eisenhauer said on behalf of the seller. With their portfolio of 12 project developments, the Strabag Group and the Norderland/ETANAX Group continue to be very active in the offshore wind farm business. The projects will be developed until they are ready for approval or investment, and will subsequently be sold off or constructed in tandem with investment partners. As a result of the acquisition of the Albatros project, EnBW has expanded its existing offshore portfolio by almost 400 MW and is continuing to expand this business segment as an important pillar of its generation activities. The project – which is located in the immediate vicinity of the EnBW offshore wind farm "Hohe See" – also provides the opportunity for exploiting other synergies during the construction and operational phases. EnBW now controls a total of more than 1, 600 MW of approved offshore capacity in the German sector of the North Sea through the Albatros (around 400 MW), Hohe See (around 500 MW) and He Dreiht (around 700 MW) wind farms. "We are expanding our offshore wind portfolio with the acquisition of the Albatros project and thus continuing to push forward our EnBW 2020 strategy. The offshore wind sector will play a significant role in achieving our goal of more than tripling the area of renewable energies by 2020", emphasised Dr. Frank Mastiaux, Chief Executive Officer of EnBW AG. write your comments about the article :: © 2014 Construction News :: home page |