Eclipse has offered acceptances in respect of 91.2 per cent of its issued share capital. Vattenfall now intends to exercise its right to acquire the remaining shares of Eclipse to gain complete equity and strengthen its presence in the
Vattenfall currently owns the Kentish Flats offshore wind farm, which has a capacity of 90MW. Its latest acquisition will allow it to take a more active role in the
Eclipse is in the process of developing six wind projects in the
Lars Josefsson, chief executive of the Vattenfall Group, said: ‘As part of our strategy to reduce emissions, Vattenfall has very ambitious plans within renewable energy.
‘The UK is a prime target market for future growth, due to its well-functioning support systems, a deregulated and competitive market for electricity and openness to foreign investment, among other factors.
‘Eclipse is a sound company with long experience within this field and has developed important projects in line with our business and ambitions.’