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RWE Innogy and consortium partners to bid for 700MW of Dutch offshore wind farms

CTBR Staff Writer Published 12 November 2015

A consortium comprising RWE Innogy, EDP Renewables and Macquarie Capital is set to bid for Borssele I and II offshore wind farms in the Netherlands totaling 700MW.

offshore

The companies will participate in the upcoming offshore wind tender processes to be conducted by the Dutch government for five wind farm sites of 700MW each between 2015 and 2019.

The five large tenders for projects within three designated zones including Borssele, South-Holland Coast and North-Holland Coast will increase the country's current offshore wind capacity by 3,500MW.

The Borssele wind farm zone is located near the southern border of the Dutch exclusive economic zone (EEZ), approximately 0.5 km from the Belgian EEZ.

RWE Innogy CEO Hans Bünting said: "The formation of this consortium is an important step on the way to participate in the upcoming tender process in the Netherlands. Macquarie Capital's outstanding financial skills and strength and EDP Renewables offshore wind experience complement perfectly our knowledge and experience in the development, construction and operation of offshore wind farms as Europe's third largest offshore wind farm operator.

"This strong and experienced consortium is committed to prepare for submitting a competitive bid and to win the tender process for Borssele I and II."

The first tender process for Borssele I and II projects is scheduled to commence on 1 December 2015 and to end on 31 March 2016.

The government will announce the winning bidder by July 2016.

Macquarie Capital will act as financial adviser to the consortium.

RWE Innogy, along with its partners, recently acquired a 25% stake in £1.5bn Galloper offshore wind farm in the UK.


Image: The Dutch government aims to increase the country's current offshore wind capacity by 3,500MW. Photo: courtesy of xedos4 / FreeDigitalPhotos.net.