Vattenfall and the Munich municipal utility Stadtwerke München (SWM) have signed an agreement to form a joint venture for realisation of the offshore wind power project DanTysk.
DanTysk offshore wind farm will be constructed 70 kilometres west of the island of Sylt with 80 turbines on 70 square kilometres with water depths up to 30 metres. SWM takes a 49 per cent stake whereas Vattenfall remains majority owner.