Enbridge purchases 49.9% stake, as confirmed by contractors for 497MW project

20/02/2017 11:04 Wind


Developer EnBW has given the approval to construct the 497MW Hohe See offshore wind farm in the German North Sea.

Canadian outfit Enbridge has purchased a 49.9% stake in the €1.8 billion project and the two firms will collaborate during the construction, with EnBW set to run the wind farm.

Enbridge also has a possibility to acquire a stake in EnBW’s 112MW Albatros wind farm, which has an investment decision pending, according to the German firm.

EnBW reached an agreement with Siemens last year over the supply and installation of 71 SWT-7.0-154 turbines and monopile foundations for the project, which will be sited several 90km North of the island of Borkum.

EnBW declared that the order combines the supply and installation of both foundations and turbines in one accord, the first such agreement in the German offshore market.

VBMS has obtained an €80 million inter-array cabling agreement for the project. The deal covers supply, installation, burial, termination and testing of the cables.

VBMS stated announced that the work is programmed for 2018 and 2019.


Hohe See, which is presently the largest offshore wind farm scheduled in Germany, is likely to be fully commissioned in 2019.

Daily (13.02.2020): EUAs tested the €24-level on Wednesday amid a strong auction in Poland, a bullish energy complex

13/02/2020 11:27:00

Crude oil futures soared on Wednesday as signs that the spread of China’s coronavirus may be easing increased investors’ confidence. Brent crude for April delivery rose by $1.78, or 3.3%, to settle at $55.79 per barrel. U.S. WTI crude gained $1.23, or 2.5%, to close at $51.17.


Enel partners Powel to take advantage of the changing Italian market

13/02/2020 10:54:00

The Norwegian software company already includes Axpo, E.ON, Fortum, Luminus, RWE, Statkraft, Uniper and Vattenfall as clients.


Iberdrola to build 328 MW of Spanish PV under PPA with telco Orange

13/02/2020 10:39:00

Iberdrola SA and French telecom group Orange SA r project in the home country.