RWE, Northland team up to develop German offshore wind cluster
Jan. 7, 2022
RWE and Northland Power have partnered to advance the development of a 1.3-GW offshore wind cluster in the German North Sea.
(Courtesy RWE)
Offshore staff
ESSEN, Germany – RWE and Northland Power have partnered to advance the development of a 1.3-GW offshore wind cluster in the German North Sea.
The partners signed an agreement to establish a joint venture company through which they plan to jointly develop, construct, and operate the cluster of three offshore wind projects. The cluster will include the 433 MW N-3.8 (Nordsee 2) site, the 420 MW N-3.5 (Nordsee 3) site, and the 480 MW N-3.6 (Delta Nordsee) site.
The projects are expected to achieve commercial operations between 2026 and 2028.
RWE Renewables will hold 51% and Northland Power 49% of the shares in the joint venture.
In addition, Northland will also gain access to the N-3.6 (Delta Nordsee) site, which RWE has step-in rights for 100% of the lease, while at the same time, RWE will increase its position in the N-3.8 (Nordsee 2) and N-3.5 (Nordsee 3) sites.
