Canadian energy giant Enbridge is to partner Germany’s EnBW in the construction of a 500 MW wind farm in the North Sea.
Canadian energy giant Enbridge is to partner Germany’s EnBW in the construction of a 500 MW wind farm in the North Sea.
Enbridge has purchased a 49.9 per cent interest in the Hohe See wind farm, which will comprise 71 Siemens 7 MW wind turbines installed in a 42 km2 area of the North Sea some 100 km northwest of Helgoland.
Construction of the project has been initiated, said EnBW, which made a final investment decision on the project at the end of 2016.
Enbridge President and CEO Al Monaco said: “The Hohe See project is consistent with Enbridge’s strategy to increase our presence in the renewable power business and it comes with an additional organic growth opportunity within the European offshore wind market.
“We like this business, and this project in particular, as it is supported by strong commercial underpinnings and provides attractive returns that are consistent with our investor value proposition.”
EnBW and Enbridge will jointly finance the implementation of the offshore wind farm from construction through to commissioning. EnBW will be responsible for the operation and maintenance of the finished wind farm based on a service and management contract.