Ingka Investments increases its investment in German offshore wind park
Ingka Investments, the investment arm of Ingka Group, increases its shareholding in Veja Mate wind park to approx. 33% for EUR 62 million.In February 2019, a consortium consisting of Ingka Group and Commerz Real as the largest shareholders, together with KGAL and ALH Group indirectly purchased a total of 80 percent of the shares in the Veja Mate offshore wind farm. Now Ingka Investments, Commerz Real, and KGAL have acquired the remaining 20 percent stake from Siemens Financial Services (via Siemens Project Ventures). “By increasing our investment to a 33 percent stake, alongside our
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