Vattenfall to double wind spending

Vattenfall is set to invest around €5.5bn in wind energy through 2020, wind chief Gunnar Groebler told German media :

“This equals more or less the amount the company has invested in wind energy in the last 10 years”, he added.

The investment will help to double the capacity of Vattenfall’s on and offshore wind installations in the same period. Main markets will be Sweden, Denmark, the Netherlands, the UK, and Germany.

However, Groebler did not name specific projects.

Vattenfall has started a sales process for its German coal division and hopes to finalise the process until next summer.

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