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Sweden Cancels Hexicon's Offshore Wind Farm

MT Newswires·07/16/2026 06:25:20
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06:25 AM EDT, 07/16/2026 (MT Newswires) -- The Swedish Government rejected Hexicon's (HEXI.ST) Mareld offshore wind project. The floating wind projects company said in a Thursday release that the government's decision is final and cannot be appealed. The company is reviewing the decision and considering its next steps. The planned project was expected to generate up to 12 terawatt-hours of renewable electricity per year.