Vattenfall to sell 49.5% of the offshore wind farm Hollandse Kust Zuid to BASF
Vattenfall and BASF have agreed the sale of 49.5% of Vattenfall’s offshore wind farm Hollandse Kust Zuid (HKZ) in the Netherlands. Once fully commissioned it will be the largest offshore wind farm in the world and also the first one ever to be built without subsidies for the power produced. Vattenfall will use Hollandse Kust Zuid to supply fossil free electricity to its customers in the Netherlands. BASF will use its electricity share to support chemical production in sites across Europe.BASF and Vattenfall have signed a contract for the purchase of 49.5% of Vattenfall’s wind farm