# JERA to acquire Parkwind for €1.55 billion

Japan's JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for €1.55 billion ($1.7 billion) to expand in renewable power.

- Type: Acquisition
- Announced: 2023-03-22
- Where: Belgium
- Value: $1.70B (1.55B EUR)
- Status: announced
- Products: offshore wind energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [JERA](https://endata.com/companies/5225.md) (acquirer)
- [Parkwind](https://endata.com/companies/46817.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/japans-jera-buy-belgiums-top-offshore-wind-company-17-bln-2023-03-22/), 2023-03-22: "Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.