E.ON, Statoil Start Construction of 385 MW German Wind Farm
German utility E.ON and Norwegian oil and gas firm Statoil (STO) have started construction of a 385-megawatt wind farm off the German coast, the firms said.
The 1.2 billion euro ($1.4 billion) wind farm in the Baltic Sea should become operational by 2019 and be able to supply electricity to up to 400,000 households in Germany, E.ON said in a statement.
"Construction work on the Arkona wind project in the German Baltic Sea has begun... the first foundations have been successfully laid in the seabed," E.ON said.
Arkona is a joint venture between E.ON and Statoil. Each company holds a 50 percent stake.
Reporting by Lefteris Karagiannopoulos
