The two offshore wind projects were awarded to RWE in August 2024 and have 25-year licenses extendable to 35 years. TotalEnergies said this acquisition will add to the company's already awarded N-12.1, N-11.2 and O-2.2 concessions. This should enable TotalEnergies to benefit from the synergies of its 6.5GW German offshore wind hub and optimise its construction and operation costs.

Source: The North Africa Journal October 09, 2024 06:00 UTC