Germany ’s EnBW is open to working with additional partners, as it continues its expansion into the US offshore wind industry, according to CEO Mastiaux . EnBW has cut the profit contribution from conventional energy sources to 18 percent now from up to 80 percent in the past, but has decided against a major corporate restructuring, unlike larger peers RWE and E.ON. The utility has an existing joint venture with project developer Trident Winds focused on the country’s west coast . It set up an east coast subsidiary in Last year , but has been working alone. The Germany is 609 of the offshore wind sector’s growth markets, offering an increasing number of capacity auctions. Mastiaux believes opportunities are limited in Germany and west coast , and wants to continue growing the business in foreign markets.
Germany ’s EnBW is open to working with additional partners, as it continues its expansion into the US offshore wind industry, according to CEO Mastiaux . The utility has an existing joint venture with project developer Trident Winds focused on the country’s west coast . It set up an east coast subsidiary in Last year , but has been working alone. The Germany is 609 of the offshore wind sector’s growth markets, offering an increasing number of capacity auctions. Mastiaux believes opportunities are limited in Germany and west coast , and wants to continue growing the business in foreign markets.