Vattenfall takes over direct marketing for Veja Mate

Thursday, 16 July, 2015 - 12:30

Vattenfall will be taking over the task of direct marketing for the offshore wind farm Veja Mate. Vattenfall's marketing portfolio of green power plants currently comprises approximately 2,600 MW. Veja Mate will add a further 400 MW to this number.

Veja Mate Offshore Project GmbH and Vattenfall have signed an agreement for Vattenfall to take over direct marketing for the offshore wind farm Veja Mate in the future. "Vattenfall is a highly experienced and financially robust direct marketer as well as a competent partner. For this reason, we are looking forward to co-operating in the future," said Damiano Ting, manager of direct marketing for Veja Mate.

The 400-MW offshore wind farm Veja Mate is being constructed 95 km north-west of the island of Borkum, and it will be connected to the transmission grid via the offshore converter station BorWin beta. The wind farm is scheduled to be fully commissioned in 2018 and will consist of 67 Siemens turbines each with a capacity of 6 MW. The project was acquired by the investment firm Highland Group Holdings Ltd in September 2014 and is now owned by a consortium consisting of Highland, Siemens Financial Services and a fund managed by Copenhagen Infrastructure Partners.

Direct marketing of electricity from renewable energy sources has evolved into one of Vattenfall's core business areas. The portfolio of green power plants marketed by Vattenfall currently comprises a capacity of approximately 2,600 MW. Vattenfall is also planning to expand its direct marketing portfolio in the onshore and offshore wind energy segments. The company can benefit in these areas from its expertise as one of the largest operators of wind farms. Vattenfall currently operates more than 1,000 wind turbines with an installed capacity of 1.9 GW.

Katharina Garus

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