Wind power

Zephyr divests two offshore wind power projects to Vattenfall

Zephyr AS divests the majority share in two offshore wind power projects outside the coast of Gothenburg to Vattenfall Vindkraft. Fully developed, the projects are expected to produce 10.5 TWh of fossil-free electricity annually.

The two wind power projects – Vidar and Poseidon – are located between 25 and 27 kilometres off the west coast, north of Gothenburg. Vattenfall’s ownership share after the acquisition amounts to 85 percent. The remaining 15 percent will continue to be owned by Zephyr. The Vidar and Poseidon projects – which will mainly consist of floating wind turbines – are expected to have a total effect of 2.8 GW and an annual production of 10.5 TWh.

Mannheimer Swartling represented Zephyr in the transaction.


This website uses cookies to perform certain functions and help you navigate the site efficiently. A cookie is a text file with a small amount of information that is stored on your device. We share some of the information we obtain through these cookies with third parties. We only use cookies that are necessary for the site to function correctly and they therefore cannot be turned off. For further information, see Information on the use of cookies.