The owner of toymaker LEGO, famous for its primary-coloured building blocks, bought half of a German offshore wind farm from DONG Energy yesterday.
KIRKBI A/S which owns 75% of the LEGO Group bought the share in the Borkum Riffgrund 1 farm for 4.7 billion Danish Krone(£500m). It will have 77 3.6 MW wind turbines once it is finished.
The LEGO Group want to meet all of its energy needs with renewable energy by 2020. It says the investment will more than cover this as the wind farm is expected to make more electricity than the firm’s total electricity consumption up to 2020.
Jørgen Vig Knudstorp, LEGO Group CEO said: “One of our fundamental values is that we want to help enable future generations of children to grow up in a better world. In the field of renewable energy our objective is an ambitious one – and I am very pleased at this time to be able to announce this investment.”