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Vårgrønn expands into German offshore wind market 🌱 We are excited to announce that Vårgrønn has entered the German offshore wind market with a strategic acquisition of a 27.4% stake in the operational Baltic 2 offshore wind farm (288 MW). This marks a significant milestone for us, as we continue to grow our renewable energy portfolio across Northern Europe. With this acquisition, Vårgrønn now holds a key position in one of Europe’s leading offshore wind markets. Key highlights: 🔹 Baltic 2 is located 32 km off the coast of Germany in the Baltic Sea and has been operational since 2015 🔹 The wind farm comprises 80 Siemens turbines, generating around 1,200 GWh per year 🔹 Provides renewable energy to about 340,000 households and avoid 900,000 tonnes of CO₂ emissions annually “Vårgrønn is pleased to enter Germany, one of the world’s largest offshore wind markets. This transaction provides us with a significant platform for further growth and important operational insight in a new market,” says Stephen Bull OBE, CEO at Vårgrønn. This move strengthens our commitment to accelerating the transition to a greener energy future and contributing to the ambitious renewable energy targets set across Europe. 🌍 Read more in the article in the comment field below. #OffshoreWind #RenewableEnergy #EnergyTransition #Sustainability #Germany Plenitude HitecVision EnBW Energie Baden-Württemberg AG Ärzteversorgung Westfalen-Lippe Photo: EnBW

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Liz Surkovic

Director at Impax Environmental Markets plc

3w

Excellent news. Exciting times

Pierre Guilpain

VP Asset management at Pecan Energies SL

3w

Stephen Bull OBE May Vårgrønn enter the French market soon 🤞

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Luuk Oudshoorn

Consultant at Rebel Finance and Transactions

3w

Congratulations to all involved!

Benjamin Mitterrutzner

Researcher at Norwegian University of Science and Technology (NTNU)

3w
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