By Dominic Chopping
Orsted AS said Monday that it has signed a 10-year deal with German retailer REWE Group to supply green electricity.
The Danish renewable energy company said the deal will see Orsted provide 100 megawatts of green electricity--enough to power 1,500 REWE stores--from its Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.
Borkum Riffgrund 3 will have a total export capacity of 900 megawatts and will be built in the German North Sea close to Orsted's existing offshore wind farms Borkum Riffgrund 1 and Borkum Riffgrund 2.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
09-20-21 0324ET