Mitsubishi backs German offshore wind farms with €765m

Mitsubishi announced it is backing offshore wind projects in Germany, with an investment of €576 million (£481.2m). The Japanese firm is helping Netherlends-based grid operator TenneT connect wind farms to the power grid. TenneT said Mitsubishi will pay €240 million (£200.5m) for a 49% stake in the BorWin1 and BorWin2 grid connection projects and €336 […]