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RENEWABLES: TotalEnergies Acquires Stake in 4GW Offshore Wind in Germany

RENEWABLES

TotalEnergies has signed an agreement with RWE to acquire a 50% stake in two offshore wind projects in Germany’s North Sea, the firm said. 

  • TotalEnergies acquired a stake in the N-9.1 (2 GW) and N-9.2 (2 GW) projects, which RWE has been awarded in Germany’s last offshore wind tender round.
  • RWE previously said it is exploring plans to partner up with TotalEnergies.
  • The N-9.1 project is scheduled to come on line by 2031 and N-9.2 is scheduled to come on line in 2032. 

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