RWE, Northland expand Nordsee offshore wind tie-up to 1.5 GW – Renewables Now

Posted: August 12, 2022 at 9:31 am

August 12 (Renewables Now) - Canada-based Northland Power Inc (TSE:NPI) and Germanys RWE Renewables GmbH are adding a fourth project to their Nordsee offshore wind cluster in the German North Sea to reach an overall capacity of 1.5 GW.

The 225-MW Godewind scheme is joining the 433-MW Nordsee Two, the 420-MW Nordsee Three and the 480-MW Delta Nordsee to form a single bundle, the Canadian power producer said on Friday. The cluster will be developed by Northland Power and RWE through a joint venture that was set up in January.

With the additional project, the unit of energy major RWE AG (ETR:RWE) and its Canadian partner will seek to enhance the size and scale of their collaboration and realise synergies. The deal for the JVs expansion is pending formal closing, Northland Power said.

As previously agreed, Northland Power and RWE will develop, build and operate the wind farms through an entity that is 51%-controlled by the German firm. The duos plan is to develop and manage the projects on a joint basis and reach commercial operations between 2026 and 2028.

The expanded cluster will be located in close proximity to the 332-MW Nordsee One wind farm, which is jointly owned by RWE and Northland Power.

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RWE, Northland expand Nordsee offshore wind tie-up to 1.5 GW - Renewables Now

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