OSLO: Fred. Olsen Renewables AS (FORAS), a wholly owned subsidiary of Bonheur ASA, has entered into an agreement with Hafslund Eco to cooperate as equal partners on a 50/50 basis on development of offshore wind and transmission concepts in Norway.

The combination of Hafslund Eco’s competences as power producer and grid operator with FORAS’ experience within development of renewable and offshore projects gives the partnership a unique position to contribute to the realization of an offshore wind industry in Norway.

The companies will cooperate on submitting a pre-application for development of offshore wind projects at Sørlige Nordsjø and Utsira Nord, when the offshore wind areas on the Norwegian Continental Shelf opens up in 2021.

The partnership will work to apply for licenses for the development of offshore wind on the Norwegian Continental shelf.

The combination of Hafslund Eco’s competences within renewable power and infrastructure with Fred. Olsen Renewables’ experience within development of renewable and offshore projects gives the partnership an unique position to contribute to the realization of an offshore wind industry in Norway.

This summer, the government decided it will open for applications for licenses for the development of wind power in two areas in the North Sea, “Utsira Nord” and “Sørlige Nordsjø II”. The partnership is owned equally by the two parties and will apply for licenses for the development of offshore wind in both fields.

www.fredolsenrenewables.com ; www.hafslundeco.no