BASF sells half of newly acquired Hollandse Kust Zuid

German BASF has entered an agreement to sell 25.2 percent of Dutch offshore wind park Hollandse Kust Zuid to German financial services company Allianz.

Photo: Vattenfall

In late June, BASF acquired 49.5 percent of offshore wind park Hollandse Kust Zuid from Vattenfall.

The German chemical group now readies to sell just over half of its stake to Allianz Capital Partners, on behalf of Allianz Insurance Companies, informs BASF in an announcement.

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