Swedish state-owned energy firm Vattenfall has bought all of the assets of AMEC Wind Energy in a £126.6m deal.
Vattenfall and AMEC have also entered into an alliance to develop the existing wind projects in the AMEC portfolio, and to develop new wind projects in the
It is also the world’s second largest offshore wind power operator, with a 60 per cent stake in Horns Rev, the world’s largest offshore wind facility off Denmark’s Jutland Peninsula and 100 per cent of the world’s third largest offshore wind farm, Lillgrund, between Sweden and Denmark.
For its part, AMEC Wind owns one of the largest wind development portfolios in the
Should all of the projects come to fruition, the net annual production of the portfolio would be approximately 2TWh, supplying electricity to approximately 400,000 households.