Waterekke Energy has won the right to build a 1.5 GW offshore wind farm in the German North Sea, with Luxcara serving as asset manager for the project.
The site, N-9.3, is located in the Exclusive Economic Zone (EEZ) in the German North Sea, approximately 85 kilometers northwest of Helgoland Island. Geotechnical and environmental investigations have already been completed, which the company says may allow the project to be connected to the national transmission grid by 2029.
“Luxcara’s repeated success in this type of tender with a focus on qualitative criteria underlines our ability to structure complex projects,” says Holger Matthiesen, project director at Luxcara.
“This manifests our holistic approach which on the one hand values the entire construction supply chain and on the other hand considers the subsequent best use of the electricity to, for example, produce green hydrogen from the outset. We look forward to once again contributing to accelerating the clean energy transition in Germany.”
Last August, Luxcara announced its successful participation in the German offshore wind auction at the time, when bidding entity Waterkant Energy won the right to build an offshore wind farm on the site N-6.7, also located in the EEZ of Germany.
Both projects will be part of a portfolio that Luxcara manages on behalf of institutional investors.
