Romania, Competition Council has cleared the acquisition of offshore wind projects

, SEE Energy News

The Romanian Competition Council has cleared the acquisition of offshore wind projects of the German group wpd in Romania by the US infrastructure investment fund Global Infrastructure Partners (GIP).

GIP will acquire 100 % of the shares of the wpd Offshore division, whose portfolio includes stakes in 5 projects in operation and under construction in Germany, France and Taiwan, as well as more than 30 GW of offshore wind projects in various stages of development at a global level.

At the beginning of the year, wpd Offshore announced that it had become the first company in Romania to officially apply for the development of wind energy projects in the Black Sea.

Thus, the German group founded the companies wpd Offshore Black Sea 1 and wpd Offshore Black Sea 2, which should develop two offshore wind projects with 500 MW and 1.4 GW installed capacity.