The investment costs for the construction of the Hohe See wind farm come to 1.8 billion euro, while constructing the Albatros wind farm will cost an additional 0.4 billion euro. This joint project thus represents the largest investment decision for EnBW in the history of the company to date and will bring the company nearer to its goal of expanding renewable energies into a main pillar of its energy generation.
In order to finance the offshore wind farms from their construction through to commissioning, EnBW has secured the Canadian energy infrastructure company Enbridge Inc. as an investment partner: Enbridge Inc. has acquired 49.9 percent of the shares in EnBW Hohe See, while EnBW will retain the remaining 50.1 percent. This investment provides us with scope for the further development of new projects.
EnBW & Enbridge continue their successful cooperation with the Albatros wind farm in the North Sea
Our investment partner Enbridge Inc.