Mercedes Wagers on Wind as Europe Battles Energy Supply Crisis
- Baltic Sea project adds to plan for own wind farm in Germany
- Two ventures will supply 40% of company’s German electricity
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Mercedes-Benz Group AG is placing major bets on wind projects to keep its operations buoyant in the midst of Europe’s energy crisis.
The luxury-car maker is signing up with an energy company to tap a massive wind park in the Baltic Sea starting in 2027. This follows an announcement last month that Mercedes plans to build a wind farm at its Papenburg test track in northern Germany.