Chubu and Eneco complete acquisition of shares in Hollandse Kust West VI

Japanese company Chubu Electric Power Co., Inc. (Chubu) and Dutch energy company Eneco have finalised the acquisiton of shares in the 760 MW Hollandse Kust West (HKW) Site VI offshore wind project announced earlier this year.

Hollandse Kust West VI is located approximately 53km off the northwest coast of the Netherlands and is being developed by Ecowende, a partnership between Shell and Eneco. In February, Eneco and Chubu signed an agreement for the sale of a 30% equity stake in Ecowende. Following regulatory approval, Chubu officially acquired the shares on Thursday 9 May.

By participating in the project directly, Chubu expects to acquire experience in the offshore wind power business from the beginning of the construction all the way to operation, as well as knowledge of Ecological Innovation. Chubu intends to apply the experience and knowledge gained through this Project to offshore wind farm projects in Japan and other countries.

The 760 MW Hollandse Kust West VI offshore wind farm is planned to become operational in 2026. Source: Chubu

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