International Edition

Day: September 7, 2020

Offshore wind farm: Gulf Energy acquires 50% stake in German wind farm

Gulf Energy has acquired 50% of the Borkum Riffground 2 offshore wind farm for around 550 million euros, strengthening its presence in renewable energy. This acquisition is part of Gulf Energy’s international expansion strategy, and takes advantage of the opportunities offered by lower interest rates to diversify its activities in the energy sector.