SIGNED, SEALED AND ABOUT TO BE DELIVERED

Denmark Vattenfall and Danish minister signed the concession agreements for Kriegers Flak, Vesterhav Nord and Vesterhav Syd. 

Today, Thursday, Vattenfall and the Danish minister for Energy, Utilities and Climate Lars Chr. Lilleholt signed the concession agreements for the offshore wind farm Kriegers Flak and the near shore wind farms Vesterhav Nord and Vesterhav Syd.

It was a day of relief and joy for Vattenfall’s representatives to finally sign the deal so that the projects can proceed ‘for real’. The signatures became possible after the Danish Parliament on 19 December unanimously adopted the legislation that determines the subsidies for Kriegers Flak, Vesterhav Nord and Vesterhav Syd.

"Today, we put a nice closure to a busy but very good year for Vattenfall. We are delighted to secure Danes even more sustainable power in the future, "says Ole Bigum Nielsen, Vattenfall's Danish Country Manager. He continues:

"We are proud to have won the last three Danish offshore tenders, and these projects really give us the opportunity to develop synergies and economies of scale in project development, but also in cooperation with suppliers and partners. Vattenfall is investing around 3.36 billion euros with a unique opportunity to build new knowledge and devising new and smarter ways of working when we have such a large renewable production portfolio."

The Minister congratulates Vattenfall with the agreements

In connection with the signing of the concession agreements, the Minister held a well-attended press conference, and there were several questions to both the Minister and Vattenfall. Lars Chr. Lilleholt welcomed everyone:

"Congratulations to Vattenfall with winning Denmark's largest wind turbine order. I look forward to signing the agreements today as they are historic in proportion to the offshore expansion in Denmark."

In the press release issued by the Ministry today, the Minister says:

"It's a good day today, when Denmark cements its position as a global showcase and pioneer. It is a good step towards the Government's goal of 50 per cent renewable energy by 2030. This is good news for the green transition, how the prices have tumbled this year alone. "

Vattenfall has won the last three tenders in Denmark and has now positioned itself as the leading wind producer in Denmark.

Per Stenholt and Peter Wesslau are very happy that the concession agreements are signed and sealed

Facts
Kriegers Flak will be Denmark's largest offshore wind farm with its 600 MW. Kriegers Flak in the Baltic Sea was won by Vattenfall at a sensationally low price of 37.2 Danish øre/kWh, which is still the world's lowest bid price for offshore wind farms. The wind farm will secure 600,000 Danish households with renewable energy. Vattenfall's total investment in Kriegers Flak is expected to be 1.1-1.3 billion euros.

Vesterhav Nord and Vesterhav Syd will have a total capacity of 350 MW. Vattenfall won with a bid price of 47.5 Danish øre/kWh. The two wind farms will be able to provide renewable energy to 375,000 Danish households. Vattenfall's investment in North Sea North and North South is expected to be around 740 million euros.

Read more:
Vattenfall wins Danish near shore tender
Green light for Danish near shore wind farms
Vattenfall wins tender for Denmark’s largest offshore wind farm

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