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    Home > Finance > TotalEnergies to operate two Danish offshore wind projects
    Finance

    TotalEnergies to operate two Danish offshore wind projects

    Published by Global Banking & Finance Review®

    Posted on December 20, 2024

    1 min read

    Last updated: January 27, 2026

    Image depicting a modern offshore wind farm, symbolizing the joint venture between BP and JERA, focusing on renewable energy advancements in finance.
    Offshore wind farm illustrating BP and JERA's new joint venture - Global Banking & Finance Review
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    Quick Summary

    TotalEnergies has acquired majority stakes in two Danish offshore wind projects, aiming to power 400,000 households by 2029.

    TotalEnergies Takes Charge of Danish Offshore Wind Projects

    COPENHAGEN (Reuters) - TotalEnergies said on Friday it had completed a planned purchase of majority stakes in two offshore wind projects in Denmark that recently obtained construction permits.

    The French energy firm now holds an 85% share in the 240-megawatt (MW) offshore wind park in the Bay of Jammerland and a 72.2% stake in the 165-MW Lillebaelt Syd offshore wind farm.

    European Energy and SONFOR will retain minority ownership in Lillebaelt Syd, while European Energy will continue to be a minority owner of the offshore wind park in the Bay of Jammerland.

    "Today we reach a milestone for TotalEnergies, as we take over the majority ownership and operator role for two very important offshore wind projects in Denmark," Martin Rune Pedersen, director of TotalEnergies Denmark said in a statement.

    The two offshore wind projects are expected to be operational by 2029, generating enough power equivalent of around 400.000 European households' electricity consumption.

    (Reporting by Isabelle Yr Carlsson, editing by Terje Solsvik)

    Key Takeaways

    • •TotalEnergies acquires majority stakes in two Danish wind projects.
    • •The projects are located in the Bay of Jammerland and Lillebaelt Syd.
    • •TotalEnergies now holds 85% and 72.2% stakes respectively.
    • •Projects are expected to power 400,000 European households by 2029.
    • •European Energy retains minority ownership in both projects.

    Frequently Asked Questions about TotalEnergies to operate two Danish offshore wind projects

    1What is the main topic?

    The article discusses TotalEnergies acquiring majority stakes in two Danish offshore wind projects.

    2Who retains minority ownership?

    European Energy and SONFOR retain minority ownership in the projects.

    3When are the projects expected to be operational?

    The offshore wind projects are expected to be operational by 2029.

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