- (PLX AI) - RWE and Northland Power to jointly develop 1.3 GW offshore wind cluster off the German coast.
- • Offshore site (N-3.8) with a capacity of 433 megawatts secured
- • Step-in rights for two additional offshore leases with a further 900 megawatt capacity
- • The partners have established a joint venture structure through which they plan to jointly develop and construct three wind farms, which are all expected to start commercial operation between 2026 and 2028
- • RWE Renewables will hold 51% and Northland Power 49% of the shares in the new Joint Venture
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