Two major European utilities form offshore wind JV with billions in backing

Two of Europe's largest utilities are pooling their resources in a new joint venture aiming to compete with the market's leading offshore wind development, Ørsted.
Photo: Bel Air Aviation
Photo: Bel Air Aviation
BY LEONORA BECK

Two European utilities have decided to merge the offshore wind businesses into one giant joint venture to compete with other players, including leading offshore wind developer Ørsted.

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