TotalEnergies has agreed to acquire 50% stakes from RWE in two planned 2-GW offshore wind projects in the German North Sea.
N-9.1 and N-9.2, 110 km from the German coast, were awarded to RWE in August. Both have 25-year licenses, which can be extended to 35 years.
TotalEnergies is already active in the sector at its N-12.1, N-11.2 and O-2.2 concessions.
The German Federal Maritime and Hydrographic Agency (BSH) has conducted preliminary studies on the marine environment, subsoil, and wind and oceanographic conditions at N-0.1 and N-9.2.
RWE and TotalEnergies will use the data to support construction of the wind farms, which they aim to have commissioned during 2031-32.
