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

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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