Vattenfall and BASF sign purchase agreement for 49 percent of Germany's Nordlicht offshore wind farms
Vattenfall and BASF have agreed the sale of 49 percent of Vattenfall's Nordlicht 1 and 2 wind farms to BASF. The two companies are thus deepening their partnership in the field of renewable energy.Nordlicht is already Vattenfall's second major offshore wind project in which BASF is participating as a partner. In 2021, BASF acquired almost half of the shares in the Hollandse Kust Zuid offshore wind farm in the Dutch North Sea.The Nordlicht wind project is being built in the German North Sea without state subsidies and, with a total installed capacity of 1.6 gigawatts, will be the largest