11/17/2020

Fred. Olsen Renewables and Hafslund Eco enter into collaboration for offshore wind in Norway

Fred. Olsen Renewables AS ("FORAS"), a wholly owned subsidiary of Bonheur ASA, has today entered into an agreement with Hafslund Eco to cooperate as equal partners on a 50/50 basis on development of offshore wind and transmission concepts in Norway.

The combination of Hafslund Eco’s competences as power producer and grid operator with FORAS’ experience within development of renewable and offshore projects gives the partnership a unique position to contribute to the realization of an offshore wind industry in Norway.

The companies will cooperate on submitting a pre-application for development of offshore wind projects at Sørlige Nordsjø and Utsira Nord, when the offshore wind areas on the Norwegian Continental Shelf opens up in 2021.