EnBW invested around 1.8 billion euro in the Hohe See wind farm and an additional 0.4 billion in the Albatros wind farm.
This joint project thus represents the largest investment in the history of the company and brings EnBW closer 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 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 retained 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.