Japanese corporation Inpex has agreed to acquire a 50% stake in the Luchterduinen offshore wind farm and a 15% stake in the Borssele 3&4 offshore wind farm off the Netherlands.
Inpex Renewable Energy Europe has entered into a stock transfer agreement with Diamond Generation Europe, a Dutch registered subsidiary of Mitsubishi Corporation for the deal.
Diamond Generation Europe is part of the Blauwwind consortium which developed the 731MW Borssele 3&4.
The completion of the agreement is subject to the fulfilment of a conditions precedent determined by the stock transfer agreement including approvals by Dutch authorities and others.
The 129MW Luchterduinen offshore wind farm is located 23 km off Noordwijk and has been in commercial operation since September 2015.
Borssele 3&4 is located 22 km off the coast of Westkapelle and has been in commercial operation since January 2021.