Vattenfall Commits to €1.2 Billion German Offshore Windfarm

Vattenfall Commits to €1.2 Billion German Offshore Windfarm

Vattenfall Commits to €1.2 Billion German Offshore Windfarm

GALWAY, IRELAND--August 15, 2014 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Swedish energy company, Vattenfall and Germany utility Stadtwerke München (Munich, Germany) have committed to spending €1.2 billion ($1.6 billion) to construct their second offshore windfarm in the German North Sea.

The companies have made a final investment decision to go ahead with the construction of the Sandbank windfarm, which will have a generating capacity of 288-megawatts (MW).

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