China Three Gorges Corp. and China Guodian Corp. among bidders for Meerwind offshore project

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China Three Gorges Corp. and China Guodian Corp. among bidders for Meerwind offshore project

According to sources, China Three Gorges Corp.and China Guodian Corp. are among bidders for Blackstone Group LP’s German offshore wind farms.

Borealis Infrastructure and Munich Re’s MEAG asset-management arm are also among the firms interested in the sale. The companies are in the second round of an auction to sell the offshore wind farms Meerwind Süd and Meerwind Ost. The next round of bids are due in April.

The offshore wind farms could be valued at approximately €1.6 billion (US$1.81 million). Blackstone holds 80 percent of the assets.

Meerwind Süd and Meerwind Ost are a 288 MW project located in the German Bight in the North Sea 23 km north of the island of Helgoland. The wind farms consist of 80 wind turbines with a power output of 3,6 MW each. 

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