Vattenfall invests in two offshore wind projects outside Gothenburg
Vattenfall is buying the majority share in two offshore wind projects off the coast of Gothenburg from wind power company Zephyr. Once fully developed, the projects are expected to generate 10.5 TWh of fossil-free electricity annually.The two wind projects, named Vidar and Poseidon, are located between 25 and 27 kilometers off the Swedish west coast, north of Gothenburg. After the acquisition, Vattenfall’s ownership will amount to 85 per cent. Together with Zephyr, the early stage projects will be further developed and the necessary permits for establishment applied for. Vidar and Poseidon,