BASF flags $324 million Q1 impact from wind project sale
BASF on Tuesday flagged a non-cash effective disposal loss of around 300 million euro ($324 million) for its first quarter ...
BASF Stock: Windpark Sale Impacts Investment Strategy
BASF has sold its 49% stake in the Nordlicht 1 and 2 offshore wind farm projects back to Swedish energy company Vattenfall, marking a significant shift in its investment approach. The transaction, com ...
Morningstar2d
BASF Agrees to Sell Stake in German Wind Farms Back to Vattenfall
BASF agreed to sell its 49% share in the Nordlicht 1 and 2 offshore wind farm projects in Germany back to Swedish state-owned utility Vattenfall less than a year after agreeing to buy it.
GlobalData on MSN1d
Vattenfall reaches FID for 1.6GW Nordlicht wind cluster in Germany
The cluster includes Nordlicht 1, which is set to become the country’s largest offshore wind farm, and Nordlicht 2.
Recharge2d
Vattenfall takes investment decision for Germany's biggest offshore wind farm
Chemicals giant BASF earlier secured long-term supply contract for power from 1.6GW array that is slated to be commissioned ...