German utility EnBW (EBKG.DE) has made a firm commitment to build its 2.4 billion euro ($2.6 billion) He Dreiht offshore wind farm, drawing on a consortium of investors for funding help, including Norway’s $1.3 trillion sovereign wealth fund.
He Dreiht, with an installed capacity of 960 megawatts, is expected to be operational by the end of 2025 and will generate electricity for 1.1 million households, EnBW said.