EDF Renewables acquires Shell’s stake in South Korean offshore wind project

EDF Renewables has completed the acquisition of Shell Overseas Holdings’ shares in West Sea Energy 1, entering South Korea’s offshore wind sector. West Sea Energy 1 focuses on developing a high-power offshore wind project with a maximum capacity of 1.5 GW, the first offshore wind facility owned by EDF Renewables in South Korea. This acquisition aligns with EDF Renewables’ strategic goals to expand its presence in the Asia-Pacific region, with plans to secure an electricity…