BASF to sell 25.2% of HKZ to Allianz
07.12.2021
MOSCOW (MRC) -- BASF agreed to sell a quarter of its Dutch offshore wind farm to insurance giant Allianz, said the company.Allianz Capital Partners will buy 25.2% of the Hollandse Kust Zuid (HKZ) wind farm following a transaction between Vattenfall and BASF, when the chemicals major bought 49.5% of HKZ from the Swedish energy firm on 1 September. BASF has stated it intends to reduce its s