BASF confirms entry to German North Sea wind projects

April 26, 2024
Vattenfall has agreed to sell a 49% stake in its Nordlicht 1 and 2 wind farms in the German North Sea to BASF.

Offshore staff

SOLNA, Sweden — Vattenfall has agreed to sell a 49% stake in its Nordlicht 1 and 2 wind farms in the German North Sea to BASF.

The development will have a total installed capacity of 1.6 GW, making it Vattenfall’s largest offshore wind project to date.

The company plans to use its share of the electricity generation to supply clients in Germany, while BASF will allocate its portion of the electricity to its chemical production sites in Europe, notably in Ludwigshafen.

In 2021, BASF also acquired almost half of the shares in the Hollandse Kust Zuid offshore wind farm in the Dutch North Sea from Vattenfall.

The Nordlicht wind farm area is 85 km north of the island of Borkum and comprises two separate sites: Nordlicht 1 with a capacity of about 980 MW and Nordlicht 2 with about 630 MW. Water depths range from 37 m to 39 m.

Subject to FID next year, construction should start in 2026 with both wind farms set to be fully operational in 2028.

Vattenfall has also decided to enter the bidding for the Alpha and Beta sites for the Netherlands’ IJmuiden Ver offshore wind tender. Each will have a planned capacity of 2 GW. 

04.26.2024

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