Fred Olsen and Hafslund Eco form offshore wind joint venture

Norway’s Fred Olsen Renewables has entered into an agreement with Hafslund Eco to set up a 50/50 joint venture for the development of offshore wind and transmission concepts.

The companies believe the combination of Hafslund Eco’s competences as power producer and grid operator with Fred Olsen’s experience within the development of renewable and offshore projects gives the partnership a unique position to contribute to the realisation of the offshore wind industry in Norway.

The parties will cooperate on submitting a pre-application for development of offshore wind projects at Sorlige Nordsjo and Utsira Nord, when the offshore wind areas on the Norwegian Continental Shelf open up in 2021. The two areas allow for the development of 4,500 MW of wind power in total.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button