TotalEnergies (TTE), as a shareholder of North Sea OFW One GmbH, has been awarded the N-9.4 offshore concession by the Federal Network Agency. The concession, located in the North Sea, covers approximately 141 square kilometers and will enable the development of 1GW of offshore wind capacity. The concession is granted for 25 years, extendable to 35. TotalEnergies will pay EUR 18M to the German federal government in 2026 and an annual EUR 8.1M contribution for 20 years to the electricity transmission system operator.
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