The purchase significantly expands the portfolio of wind farms Hochtief Solutions is developing through a joint venture with Ventizz Capital Partners. Previously the partners. In the founding phase of the company, Ventizz had already brought the wind farm Nautilus II into the partnership.
All five wind farms are under development in the German Exclusive Economic Zone (AWZ).
The offshore wind farms NSWP 4-7 are located between 160 and 200 kilometers from the island of Borkum and stretch across an area of more than 300 square kilometers.
Hochtief has indicated that it intends to optimize the projects in the early planning stage, including the development of structures which reduce the risks for additional costs and delays in the subsequent construction phase.
The target customers for the marketing of offshore development projects are the energy producers such as large-scale supply companies and municipal suppliers, institutional or financial investors such as infrastructure funds and the increasing number of large industrial companies and insurance companies.
Hochtief plans to develop the projects together with Enova until receiving authorization from the Federal Maritime and Hydrographic Agency (BSH).
The applications for authorization have already been submitted.
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