Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
JERA Nex bp acquired EnBW's stake in the 1.5 GW Mona offshore wind farm, becoming sole owner. EnBW announced its withdrawal from both Mona and the neighbouring Morgan project citing market conditions and failure to secure a CfD in AR7, taking a EUR 1.2 billion impairment. JERA Nex bp subsequently signed a lease agreement with The Crown Estate for Mona on 29 January 2026. JERA Nex bp is a 50:50 joint venture between JERA Co. and bp.