reNews3 Jul 2026Clients
Automatically composed with AI from the cited sources
Publiwind, a consortium of Belgian investment firms, is acquiring Sumitomo Corporation’s equity stake in the 216 MW Northwind offshore wind project, with completion targeted during fiscal year 2026, subject to regulatory approval. The sale follows JERA Nex bp’s confirmation earlier today that it had acquired Sumitomo’s stakes in the two other Belgian projects, Northwester 2 and Nobelwind, marking Sumitomo’s complete exit from its Belgian offshore wind portfolio that it entered in 2013.