Germany

Germany

RWE buys out Northland from Nordseecluster offshore wind complex

German developer RWE has become the sole owner of the 1.56GW Nordseecluster offshore wind complex after buying co-owners Northland’s stake in the projects for €35 million. 

RWE Offshore Wind CEO Sven Utermöhlen said the Nordseecluster will benefit from “size and scale”
RWE Offshore Wind CEO Sven Utermöhlen said the Nordseecluster will benefit from “size and scale”

RWE now owns 100% of the four wind farms that make up the Nordseecluster project, located off the coast of Juist island in the German North Sea, after purchasing Canadian energy company Northland Power’s 49% stake in the wind farms. 

RWE and Northland were previously developing the projects together, which include the 435MW N-3.8 (Nordsee Two) N-3.8 (Nordsee Two) (435MW) Offshoreoff Juist, Germany, Europe Click to see full details, the 225MW N-3.7 (Gode Wind - Nordseecluster A) N-3.7 (Gode Wind - Nordseecluster A) (225MW) Offshorenorth of Juist, Germany, Europe Click to see full details, the 480MW N-3.6 (Delta Nordsee) N-3.6 (Delta Nordsee) (480MW) Offshoreoff Juist, Germany, Europe Click to see full details, and the 420MW N-3.5 (Nordsee 3) N-3.5 (Nordsee 3) (420MW) Offshoreoff Juist, Germany, Europe Click to see full details projects. 

RWE and Northland previously bid unsuccessfully for the N-3.8 wind farm but took over the project anyway after exercising their so-called “step-in” rights. 

Under Germany's "step-in rule", developers that were already working on offshore wind farms at sites prior to the switch to a centralised tender system can choose to acquire the rights on the same terms that another developer secured for the site at auction. 

Northland and RWE won the rights to the N-3.7 project at auction in 2021.

RWE has also submitted bids for the N-3.6 and N-3.5 projects that are being auctioned this year. It added that it will similarly exercise step-in rights if it is unsuccessful in bidding for either project. 

“Becoming the sole owner of the Nordseecluster aligns with our ambition to further grow our position as a global leader in offshore wind. As it will be Germany’s first gigawatt-scale offshore wind cluster, it will provide us with significant size and scale,” said Sven Utermöhlen, CEO of RWE Offshore Wind. 

RWE is awaiting permitting approval for N-3.8 and N-3.7, and aims to start construction work in 2025, before project commissioning in 2027. 

It expects the N-3.6 and N-3.5 projects – or Nordseecluster B – to be online in 2029. 

Danish manufacturer Vestas has been selected as the preferred turbine supplier for all four sites. 

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