EnBW Open to Partnerships in U.S. Offshore Wind Expansion

by Christoph Steitz
Wednesday, January 23, 2019

German utility EnBW could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.

EnBW has already formed a joint venture with project developer Trident Winds to cater the U.S. west coast but is so far working alone on the booming east coast, where it has set up a subsidiary in the fourth quarter.

"We're open to partnerships also in the offshore business," Frank Mastiaux told Reuters at the annual Handelsblatt energy conference in Berlin.

"At the moment, it is very difficult to develop new offshore wind parks in our home market Germany as well as in the remaining parts of Europe. We want to continue to grow and are looking for attractive foreign markets in a very selective way." 

(Reuters, Reporting by Christoph Steitz, Tom Kaeckenhoff and Vera Eckert, editing by Riham Alkousaa)

Categories: Offshore Energy Renewable Energy

Related Stories

Iran War Reshapes Global LNG Trade

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

PV Drilling Names New ‘Super Rig’ ahead of April Operations

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Mubadala Energy Secures Southwest Andaman Exploration Block off Indonesia

Rising Costs of War: Gulf Energy Infrastructure Stares Down $25B Repair Bill

Iran to UN: 'Non-Hostile' Ships Can Transit Strait of Hormuz

Eni Advances Angola Gas Project, Secures $9B Credit Facility

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Current News

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Big Oil to Look Beyond Middle East as War Raises Risks

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Big Oil to Reap Billions from Energy Price Surge

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com