An unnamed ‘global leader in the energy industry’ has signed a power purchase agreement to buy the majority of the electricity produced at the 288MW Butendiek offshore wind farm in the German North Sea.
It will use 62.5% of the electricity produced to power a green hydrogen facility it operates.
Software and advisory firm Pexapark, which helped broker the deal, described the buyer as a “global leader in the energy industry”.
Pexapark claimed the deal was “among the first of its kind” in Europe and reflected a new landscape following the July 2023 signing of the EU’s delegated acts on green hydrogen, which outlined standards and methods for verifying green hydrogen production.
German company Wpd developed the Butendiek wind farm. Wpd co-owns it, alongside a consortium including turbine maker Siemens Gamesa, investment company Schroders Greencoat, and investment firm CDC Infrastructure.
Butendiek came online in 2015 and uses 80 of Siemens Gamesa’s SWT-3.6-120 wind turbines according to Windpower Intelligence, the research and data division of Windpower Monthly.
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