Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
GlobalData reports that the Galatea-Galene offshore wind project, of which the 400 MW Galene area forms the northern part, has a power purchase agreement under which electricity generated by the project will be sold to Varberg Energi, securing a long-term revenue offtake arrangement. The information is provided in a project profile updated on 11 November 2024, which states that power from the project will be sold to Varberg Energi under a PPA.