Tuesday, February 21, 2012

E.ON to Invest $1,301.5 Million in Amrumbank West Offshore Wind Power Project in Germany - Deal Analysis from GlobalData

Summary

Power and gas utility company E.ON AG (E.ON) announced an investment of €1,000m ($1,301.5m) for the construction of the offshore Amrumbank West wind power project in Helwin Economic Zone, Germany. The total installed capacity of the project will be 288 MW and will use 80 Siemens-made turbines. The investment per MW will be approximately $4.51m. 

The electricity generated from the project, which is expected to become operational by 2015, will be sufficient to power about 300,000 households.

Scope

- Scope Includes analysis of the deal rational, impact of the deal and an analysis on the companies involved in the deal

Reasons to buy

- The deal analysis provides details on investment by E.ON to develop Amrumbank West Offshore Wind Power Project in Germany and explains the drivers that led to the investment
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