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Home›Business & Finance›Vattenfall Selling Floating Wind Project Stake to Partner
Business & Finance

April 22, 2026 · about 4 months ago

Vattenfall Selling Floating Wind Project Stake to Partner

Vattenfall will sell its stake in the Muir Mhòr floating offshore wind farm to its joint venture partner in the project, Fred. Olsen Seawind. The deal is subject to approval by Crown Estate Scotland, which holds the seabed lease. Muir Mhòr, located around 63 kilometres off Peterhead, secured seabed

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Vattenfall Selling Floating Wind Project Stake to Partner
Muir Mhòr floating wind farm site; Image source: Muir Mhòr consortium Notice to Mariners

According to Vattenfall, the divestment decision reflects its portfolio priorities, with the company focusing on projects such as Nordlicht I and II in Germany and Zeevonk in the Netherlands, while continuing construction of the Clashindarroch II onshore wind farm in Scotland.

Related Article

Vattenfall Takes Final Investment Decision for 1.6 GW Offshore Wind Project in Germany

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