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TotalEnergies, EnBW win offshore wind site for US$3.2 bn

TotalEnergies and EnBW won a 2.5 gigawatt (GW) German offshore wind site in an auction for a combined $3.2 billion.
Olivia Peluso
TotalEnergies, EnBW win offshore wind site for US$3.2 bn
Photo by Nicholas Doherty on Unsplash

French oil giant TotalEnergies and German utility provider EnBW, in an auction on Friday, won a 2.5 gigawatt (GW) German offshore wind site for US$3.2 billion, the country's energy regulator said.

The site includes two plots in the North Sea, about 120 kilometres northwest of Heligoland. TotalEnergies won a 1.5 GW site with a 1.96 billion euros (US$2.1 billion) pricetag, while EnBW won a 1.0 GW site at 1.07 billion euros (US$1.1 billion). 

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