Sumitomo sells Belgian offshore wind assets to JERA and Nex BP

Type: Sale · Technology: Offshore Wind · Country: Belgium · Announced: 2026-07-03

Sumitomo sold its North Sea offshore wind projects to JERA and Nex BP. The assets includes Belgian offshore wind farms located in the North Sea. The transaction is part of Sumitomo's rotation strategy to exit Belgian offshore wind holdings. The sale highlights Sumitomo's continued confidence in the European market despite the divestment. The deal was announced on 3 July 2026, with no disclosed financial or capacity details. No advisors, lenders, or additional parties were mentioned in the announcement.

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