Wednesday, February 29, 2012

KIRKBI to invest DKK3 billion in wind farm off the German coast

KIRKBI will own one third of the wind farm’s production of electric power, equivalent to the output of more than 25 wind turbines. The wind farm is expected to be online in 2015.

The 77-turbine wind farm will be built as a joint venture by three Danish companies: DONG Energy, the Oticon Foundation via William Demant Invest, and KIRKBI. It will be the biggest investment private Danish companies have ever made in a wind energy project.

The investment is a healthy long-term investment for KIRKBI which will also contribute with more renewable energy to the wider community. For the LEGO Group, the investment fits well with its high ambition of making a positive impact upon the environment.

KIRKBI to invest DKK3 billion in wind farm off the German coast

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