Deutsche Bucht is the first offshore project that Northland owns outright. It has an 85% share in the 332MW Nordsee One development, also in the German North Sea, and a 60% stake in the 600MW Gemini site off the coast of the Netherlands.
Deutsche Bucht, set to use MHI Vestas' V164 8MW turbine, is close to being fully permitted. Northland said it expects to make a final investment decision on the €1.2 billion project in mid-2017.
Construction is due to be completed by the end of 2019 and will be connected via the BorWin Beta converter station, the developer said.
In a deal with previous owners Highland Group Holdings, which has been carried over to the Northland, Van Oord agreed to execute the balance of plant, comprising the engineering, procurement and construction of the foundations, inter-array cables and the offshore substation.
The developer said the project, now to be know as DeBu, is supported by a 13-year agreement with the German government.
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