VATTENFALL FORMS ALLIANCE TO ENTER DUNKERQUE WIND PROJECT

March 07, 2018

Vattenfall,the Swedish state-owned power company, is teaming up for the Dunkerque wind project, known as Eliade, with Caisse des Dépôts, a public French financial institution with many years’ experience in financing projects including offshore wind, and WPD, a German wind power developer with a strong position in France.
“France is a very interesting market for Vattenfall’s wind energy operations. To gain a foothold there will allow us to consolidate our position as a leading global developer of offshore wind energy and take us a step further in becoming fossil-free within a generation. A stronger wind presence will also strengthen our supply business in France,” says Gunnar Groebler, Senior Vice President and Head of Business Area Wind.
It is the third time that the French government has made sites available for offshore wind tenders. Ten companies have been selected for the project, rated at 250-750 MW, in a prequalification phase in May 2017, including Vattenfall.
Vattenfall has wind operations in Sweden, United Kingdom the Netherlands, Denmark and Germany, both onshore and offshore. Their total output amounts to almost 7.8 terawatt hours (TWh) during 2017 (5.8 TWh 2016) distributed across more than 1,000 wind turbines. Vattenfall plans to invest EUR 1.5 billion in renewable energy production 2017-2018, mainly in wind power. Vattenfall has been active in the French electricity market since 2000.