RWE Expands Offshore Wind Development Portfolio by 4.2 GW


RWE has acquired three U.K. offshore wind projects from Vattenfall: Norfolk Vanguard West, Norfolk Vanguard East and Norfolk Boreas, each with a planned 1.4 GW capacity and located between 50 and 80 kilometers off the coast of Norfolk. 

Vattenfall’s Norfolk team will transfer to RWE as part of the transaction, with the objective of taking the projects forward. All three Norfolk projects are expected to be commissioned in this decade.

“Over the past 13 years, the Norfolk team has done a great job in developing the three offshore wind projects,” says Sven Utermöhlen, CEO of RWE Offshore Wind. 

“I am very happy to welcome them to our global offshore wind team and we will rely on their expertise to take forward the projects’ delivery in one of the world’s most attractive regions for offshore wind. Equally, I am looking forward to continuing the work with our supply chain partners. I’d also like to thank the Vattenfall team and The Crown Estate for their work in facilitating a smooth handover of the Norfolk projects to ensure a seamless transition.”

As a next step, the RWE Norfolk team will work on securing preferred supplier agreements for all key components and will then enter the project in a CfD auction at a later date.

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