RWE acquires 1.5 GW of offshore wind projects in Polish Baltic Sea
RWE Renewables (RWE) has acquired a pipeline of 4 offshore wind projects in the Polish Baltic Sea with a total generation capacity of more than 1.5 Gigawatt as part of its plan to enter the Polish offshore market and grow its offshore operations across Europe.
The company has acquired the shares in the project companies from private owners and developers. RWE intends to further develop, build and operate the projects.
The four projects, which are in different development stages, are all located around the Slupsk bank area in the central Polish Baltic Sea. Over the next years, development activities will continue.
The construction phase of the projects will begin as early as 2023.
Green Giraffe was a development partner for the 4 projects and was responsible for the commercial development of the projects since 2017 and defined and executed the divestment strategy as exclusive financial advisors to the owners.
RWE has particularly strong capabilities and long-term expertise in the development, construction and operation of large offshore wind farms. With a total installed offshore wind capacity of 2.5 gigawatts, RWE Renewables ranks number 2 globally. The company has already considerable experience in Poland through its longstanding and growing onshore operations.
Country news
-
-
October 23, 2019
Siemens Gamesa acquires 8.9GW of assets of Senvion Group
Siemens Gamesa Renewable Energy has reached an agreement to acquire selected European assets of Senvion Group for EUR200 million (US$223 million).
Read more -
July 29, 2019
Total Eren closes 650 MW acquisition facility in Europe
Total Eren has announced the closing of the Novenergia transaction, which involves the acquisition of more than 650 MW of renewable assets across Europe and raising of a EUR250 million (US$281 million) acquisition facility.
Read more -
July 15, 2019
GE powers 220 MW onshore wind project in Poland
GE Renewable Energy has announced that it will provide 81 onshore wind turbines to power the 220 MW Potegowo Wind Project in Slupsk County, Northern Poland. This is the first project between GE Renewable Energy and Potegowo Mashav Sp Z OO.
Read more -
November 26, 2018
Developers announce awards totalling 500 MW in Polish renewables auction
Several companies have announced their success in the Energy Regulatory Office (URE) of Poland's latest renewables auction. Supply contracts were awarded to 31 wind and solar projects proposed by 23 companies, representing more than 41.997 TWh of electricity and worth approximately PLN8.24 billion (US$2.18 billion).
Read more -
March 13, 2018
Statoil to develop 1200 MW offshore wind in Polish Baltic Sea
Statoil has announced that it has signed an agreement with Polenergia to acquire a 50% interest in two early phase offshore wind development projects in Poland, Bałtyk Środkowy III (BSIII) and Bałtyk Środkowy II (BSII). The two projects have a planned capacity of 1200 MW with the potential to power more than two million Polish households.
Read more
