The Norwegian government has unveiled Ventyr Energi, a consortium of Parkwind and Ingka Investments, as the winner of the auction round for the 3 GW Sørlige Nordsjø II (Southern North Sea II) offshore wind project in Norway.
The Norwegian government officially opened the application window for Norway’s first offshore wind auction on March 29, 2023.
The winning bid in the auction was NOK 1.15 (US$0.107) per kilowatt hour. A contract for difference between the state and the consortium must be signed within four weeks. The terms of the contract for difference will govern how state aid is distributed.
The winning consortium will be responsible for carrying out a project-specific impact assessment, and for applying for a license under the Ocean Energy Act.
Country updates
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January 17, 2024
Eviny acquires 365 MW Onshore wind farms in Norway
Eviny has announced that it has acquired two Wind farms located in Norway with a total capacity of 365 MW from Blackrock. The transaction was valued at EUR 537.5 million (USD 584.9 million)...
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November 03, 2023
Agreement signed to acquire Fjord1
DIF Capital Partners (via its DIF Infrastructure VII fund), and EDF Invest (the investment arm of the EDF Group in real assets) have entered into a definitive agreement to acquire Fjord1, the largest...
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October 26, 2023
Agreement signed to acquire 49.9% stake in Norsk Hydro’s renewables business
Macquarie Asset Management has signed an agreement with industrial company Hydro to acquire 49.9% of Hydro’s renewable energy company Hydro Rein. Under this agreement, Hydro and Macquarie Asset...
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August 25, 2023
Equinor commissions 88 MW floating offshore wind project in the North Sea
Equinor has officially launched the 88 MW Hywind Tampen floating offshore wind project located in the North Sea 140 km from shore in 260-300 m of water between the Snorre and Gullfaks oil and gas plat...
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May 23, 2023
Equinor to postpone further development of Trollvind offshore wind project
Equinor has announced that it will postpone the development of the Trollvind offshore wind initiative indefinitely. The decision was made due to a combination of challenges, including technology and r...
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