Sale of Offshore Wind Power Projects in Belgium
Belgium, July 6 -- Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Shingo Ueno) has decided to sell its equity stakes in three offshore wind power projects off the coast of Belgium: Northwind (joined in 2013), Nobelwind (joined in 2014), and Northwester 2 (joined in 2018 / hereinafter collectively referred to as the "Projects"), and is proceeding with the sales sequentially. The sales of Sumitomo Corporation's stakes in Nobelwind and Northwester 2 to JERA Nex bp (Headquarters: London), an existing shareholder, have been completed. Additionally, Sumitomo Corporation has decided to sell its stake in Northwind to a consortium (Publiwind) comprising Belgian investment firms. Subject to approval ...
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