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Dutch Evelop doubles offshore pipeline with two in Germany
1 February 2008
Renewable energy developer Evelop, part of the Dutch Econcern group, has acquired a majority stake in LCO Nature, a company with development rights to two German offshore wind stations with a combined potential capacity of 1600 MW. The deal doubles the capacity of Evelop's offshore wind pipeline, which also includes projects in Belgium and the UK. The acquisition comes just three weeks after Evelop took a controlling stake in Plambeck Neue Energien Gode Wind I, which is developing the 250-400 MW Gode Wind I offshore project. The two LCO projects are OWP West and Albatross, each planned for a capacity of up to 800 MW. OWP West is slated for a site 58 kilometres north-west of the island of Borkum in the North Sea, while Albatross would be a further 40 kilometres north-west of that. The water depth at both sites does not exceed 40 metres, says Evelop.
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