Wind Energy – Collaboration
As part of its integrated development in electricity, TotalEnergies has signed a new agreement with European Energy from Denmark to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden.
The partners also intend to develop and operate new large scale offshore wind projects in Sweden and Finland through a joint-venture, and to bid for the upcoming offshore wind tenders in Denmark.
These deals aim to leverage both parties’ strengths: TotalEnergies will contribute its experience in large-scale projects and its ability to market the offtake in merchant markets. European Energy has a proven track record in developing greenfield projects and engaging successfully with stakeholders in these countries.
This agreement for offshore wind projects follows a previous agreement between TotalEnergies and European Energy in September 2023 to jointly develop, build and operate onshore renewable projects in multiple geographies.
The agreement is subject to the applicable regulatory approvals being obtained from the relevant authorities.