- Published: 14 August 2013 14 August 2013
Dong Energy has sold its 33% interest in the Norwegian onshore wind company Kvalheim Kraft to Vardar Boreas AS, which already owns a 33% interest in Kvalheim Kraft.
Kvalheim Kraft owns two operating wind farms, Mehuken 1 and 2, which are located close to the west coast of Norway approximatly. 300 kilometres north of Bergen. The combined wind farms have a total installed capacity of approximately 23MW, consisting of 4.25MW from Mehuken 1 and 18.4MW from Mehuken 2. With the divestment of the Norwegian operating onshore wind assets, Dong Energy is now focusing more on developing, constructing and operating offshore wind farms.