TotalEnergies, European Energy and SONFOR closes deal on two Danish offshore wind projects

TotalEnergies has acquired 85% of the share capital in the 240 MW Jammerland Bay offshore wind project and 72.2% of the share capital in the 165 MW Lillebælt South coastal wind project.

European Energy and SONFOR will continue to be minority owners in Lillebælt South, and European Energy will continue to be a minority owner in the Jammerland Bay offshore wind farm. Both wind farms are among the nine open-door projects approved by the Danish Energy Agency in December 2023, receiving exclusivity and grid connection licenses. The electricity generated will be sold on the wholesale market or through Power Purchase Agreements (PPAs), enabling businesses to lower their carbon emissions. The partners anticipate that the two offshore wind farms will become operational by 2029, collectively generating enough electricity to meet the annual consumption of approximately 400,000 European households.