Wind Energy – Shareholders
Eneco has concluded an agreement with Japanese company Chubu Electric Power for the sale of a 30% stake in Ecowende, a joint venture between Eneco and Shell.
Ecowende is developing a large-scale offshore wind farm that will have a minimal impact on nature. Eneco intends to invest the proceeds of the sale in other renewable energy projects in order to accelerate the energy transition.
Currently, Eneco holds 40% of the shares in Ecowende. This will fall to 10% once the transaction has taken place. At that point, Chubu will hold a 30% stake.
Ecowende won the tender for the wind farm – which will be located approximately 53 kilometres off the Dutch coast, directly west of IJmuiden – in December 2022.
The wind farm will be constructed in harmony with nature and will be able to feed 760 MW into the Dutch power grid, which is enough to meet around 3% of current demand for electricity in the Netherlands.
The wind farm is scheduled to become operational in 2026.
