BASF powers ahead with wind farm investment

BASF has completed the purchase of 49.5 per cent of the offshore wind farm Hollandse Kust Zuid from Vattenfall for €300 million ($356m). Including BASF’s contribution to fund the wind farm construction, BASF’s total commitment is said to amount to around €1.6 billion ($1.9bn). Construction work for the wind farm in the Dutch North Sea…