EON to Lay Amrumbank West Offshore Wind Foundations This Fall

EON SE, Germany’s biggest utility, will start laying wind-turbine foundations for the company’s 1 billion-euro ($1.3 billion) Amrumbank West offshore farm this fall, Chief Executive Officer Johannes Teyssen said.

EON will also “in the coming days” start building an offshore wind service center on the North Sea island of Helgoland, Teyssen said today on a call with reporters. The 288-megawatt Amrumbank West farm is scheduled to start producing in the summer of 2015.

Offshore wind projects by utilities including EON and RWE AG (RWE) have been set back by delays in linking turbines to the mainland grid. EON said in March it will lower clean-energy investments to less than 1 billion euros in 2015 from 1.79 billion euros last year.

To contact the reporters on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net; Tino Andresen in Dusseldorf at tandresen1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.