Construction work on the 497MW Hohe See offshore wind farm in Europe's North Sea is set to proceed, with owner EnBW confirming Enbridge as its co-developer.
Canada-based Enbridge has acquired 49.9% of the project’s shares, and the two entities will now jointly construct the wind farm.
Estimated to cost around €1.8bn, the wind farm will be located in the ‘exclusive economic zone’ of the North Sea at around 90km north of the German island of Borkum. The 42 sq km wind farm will become Germany's largest offshore wind project, according to EnBW.
Scheduled to commence operations in 2019, the facility will generate around 2bn KWh (kilowatt hours) of electricity per year with its output of 497MW, distributed across 71 wind turbines. It is planned to power around 560,000 households and save around 1.5M t of CO2 annually.
EnBW CEO Frank Mastiaux said: “With Enbridge at our side, we can realise our largest offshore wind farm to date and at the same time generate financial scope through this participation for the development of new projects.
“This is now the third successful participation model with which we are sharing the risk and represents another major step in the implementation of our EnBW 2020 strategy.”
* Data provided by Timetric's Construction Intelligence Center.