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Offshore Wind: RWE Becomes Sole Owner of 1.6 GW Nordseecluster

  • May 26, 2023
Offshore Engineer

With this, RWE will assume full ownership of the projects for a cash consideration of around 35 million euros, which represents a premium to Northland's costs incurred to date. This transaction will transfer the assets and liabilities and all committed contractual obligations of Northland in relation to Nordseecluster offshore wind portfolio, to RWE. Nordseecluster's total gross capacity ...


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