India | UK | US

Swedish energy group Vattenfall buys British wind-power project

Posted : Mon, 10 Nov 2008 08:09:28 GMT
Author : DPA
Category : Business
News Alerts by Email ( click here )
Business News | Home
Stockholm - Swedish state-owned energy group Vattenfall said Monday it has bought the Thanet Offshore Wind project off the British coast for 35 million pounds (55 million dollars). The wind farm off Margate, Kent, was on completion in 2010 estimated to be able to produce some 300 megawatts, or almost three times as much energy as Lillgrund, the group's largest Swedish wind farm.

Completing the wind farm was estimated to cost some 780 million pounds, and would further boost Vattenfall's wind power production, the group said.

Vattenfall said it bought the rights to build Thanet Offshore Wind from CRC Energy Jersey 1 Limited in competition with other energy companies.

Vattenfall also owns the Kentish Flats wind farm off Whitstable and recently bought wind power companies AMEC Wind Energy Ltd and Eclipse Energy plc.

Copyright, respective author or news agency

Share/Save/Bookmark

Article : Swedish energy group Vattenfall buys British wind-power project
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Business News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.