Enbridge buys Albatros stake

16 June 2017

Canadian energy firm Enbridge has bought a 49.9 per cent stake in the Albatros offshore wind farm in Germany.

The 112 MW wind farm is being developed by EnBW and will comprise 16 Siemens wind turbines. It will be constructed by the two firms alongside the Hohe See wind farm, in which Enbridge bought a stake in February 2017.

EnBW will retain a 50.1 per cent stake in Albatros, which will be located in the exclusive economic zone of the North Sea, adjacent to EnBW’s 497 MW Hohe See wind farm.

The latest deal means that EnBW and Enbridge will expand their cooperation, EnBW said. Enbridge will co-develop the projects with its own employees who will be integrated into senior roles in the project team. EnBW will be responsible for the operational management and maintenance of the finished wind farms based on a long-term service and management contract.

Both Albatros and Hohe See are scheduled to be completed in 2019.



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