wind

RWE and Norges Bank Join Forces for Nordseecluster and Thor Offshore Wind Projects

RWE has signed an agreement with Norges Bank Investment Management as its new partner for the Nordseecluster and Thor offshore wind projects currently under construction. NBIM will acquire a 49% stake in both projects. RWE remains in charge of construction and operations throughout the lifecycle of these offshore wind farms
RWE and Norges Bank Join Forces for Nordseecluster and Thor Offshore Wind Projects
Courtesy of RWE

The agreed purchase price is approximately €1.4 billion as of closing. Closing of this transaction is subject to customary approvals and expected by beginning of the third quarter of 2025. 

The Nordseecluster, located approximately 50 km north of the island of Juist, is being built in two phases: For the first phase, Nordseecluster A with 660 megawatts (MW), full commissioning is planned for 2027. For the second phase, Nordseecluster B with 900 MW, full commissioning is scheduled for 2029. In total, Nordseecluster will be generating enough green electricity to supply the equivalent of 1.6 million German households.

The Thor wind farm is Denmark’s largest offshore wind farm to date and is located approximately 22 km off the west coast of Jutland. Full commissioning is planned for 2027. With a total capacity of 1,080 MW, it will be able to produce enough electricity to supply more than one million Danish households.

The projects will have long-term contracted revenues that provide stable cash flows and reduce risk to the projects. 

With more than 20 years of experience in the development, construction and efficient operation of offshore wind farms, RWE is one of the world’s leading players in the offshore wind sector. The company operates 19 offshore wind farms. In addition to Nordseecluster and Thor, RWE is building the Sofia offshore wind farm off the coast of England, and OranjeWind off the coast of the Netherlands. Construction is progressing according to plan.

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).