Offshore logo
DONG acquires three wind development projects
Posted 14.08.2012 14:06:25 av Stein Tjelta
Vis RSS feed
Send nyhet til en venn


DONG Energy has acquired 100% ownership interest in three offshore wind development projects in Germany, Gode Wind 1, 2, and 3, from PNE Wind AG.


The three projects have a total capacity of up to 900 megawatt and are located in the German North Sea approx. 30 km northwest of the island of Norderney.

The purchase price for the three projects consists of an upfront payment of EUR 57 million (approx. DKK 425 million.) and additional deferred payments that are subject to the achievement of certain milestones such as an investment decision to construct the wind farms. The additional deferred payments amount to up to EUR 100 million (approx. DKK 745 million).

Gode Wind 1 and 2 both have a permit from German authorities that allows for the construction and operation of the projects. Certain changes to the permits are required though to utilise the total capacity in the projects. Gode Wind 1 and 2 have unconditional grid connection confirmation from the grid provider TenneT for a total of 584 megawatt. Gode Wind 3 has applied for a permit to construct and operate, which is expected to be granted in 2013. Completion of the Gode Wind 3 transaction is conditional upon the relevant permits being obtained by the end of January 2014.

The acquisition of the Gode Wind 1, 2, and 3 projects is a significant step in DONG Energy’s effort to gain a stronger position in the growing German offshore wind sector.

“Offshore wind is a central part of DONG Energy’s overall strategy and the acquisition of the three Gode Wind projects strengthens our already ambitious development pipeline in German waters,” says Carsten Krogsgaard Thomsen, Acting CEO of DONG Energy.

“The Gode Wind projects in Germany are very interesting for us as we, if positive investment decision is taken, expect that construction of parts of the projects could begin by 2015 due to the available grid connection confirmations. This way, the projects have a good fit with DONG Energy’s project pipeline, ensuring that our installation sequence of building large-scale projects successively could work smoothly and help bring down the cost of energy from offshore wind power,” says Carsten Krogsgaard Thomsen.

No investment decision has been made by DONG Energy with respect to the three projects.

DONG Energy already has offshore wind projects under construction on Lincs, London Array and West of Duddon Sands in the UK, Borkum Riffgrund 1 in Germany and Anholt offshore wind farm in Denmark. These projects total approx. 2,000 megawatt.
Advertisement
Latest news

Asset integrity expertise bought

British-based engineering expertise has been bought up by Norway's Aker Solutions to boost its integrity analysis for oil and gas assets.

[Les mer ] Company news

Sound signals big Italian gas

London-listed Sound Oil has logged a big new gas find in Italy.

[Les mer ] Exploration

Aker anchors new accommodation unit

A new offshore accommodation unit under construction in China is to be fitted with a mooring system supplied from Norway.

[Les mer ] Contracts

Big gas at Bianchi 1

Austria's OMV has reported a major new gas find while drilling offshore Australia following on from its earlier Zola discovery.

[Les mer ] Exploration

New drilling near Johan Castberg

Swedish explorer Lundin Petroleum has kicked off a new exploration well in the Norwegian sector of the Barents Sea.

[Les mer ] Exploration

Irish data acquisition underway

Seismic data acquisition has kicked off on a newly allocated Irish Frontier Exploration Licence.

[Les mer ] Exploration

Profilerte stillingerAlle stillinger »
Profilerte selskapFra OffshoreX.no
NORWEGIAN PETROLEUM CONSULTANTS AS Logo

NORWEGIAN PETROLEUM CONSULTANTS AS

Norwegian Petroleum Consultants (NPC) are now one of the biggest and leading companies in the industry. We provide a high level of multi-discipline engineering and project administration expertise to the most attractive companies in the oil and gas industry. Our head office is in Sandnes, but we also have a subsidiary in Bergen and Singapore.

Se profil | offshorex.no
NORISOL NORGE AS Logo

NORISOL NORGE AS

Norisol er en av Norges ledende bedrifter innen ISO fagene Isolering, Stillas og Overflatebehandling. Norisol er et Nordisk konsern og har kontorer i Danmark og Sverige i tillegg til Aberdeen. I Norge har vi kontorer i Stavanger, Porsgrunn, Drammen, Fredrikstad, Kristiandsand, Bergen og Stord.

Se profil | offshorex.no
BD Oil & Gas Logo

BD Oil & Gas

BD Oil & Gas, a division of Brødrene Dahl, is a Norwegian stockist specializing in the supply of Piping and Valve products to the Oil & Gas industry.BD Oil & Gas provides products via our global network of manufacturers and supplier.We offer quality products, technical solutions, efficient customer services and a state of the art logistics and distribution system through our 54 locations in Norway

Se profil | offshorex.no
AIR LIQUIDE OFFSHORE AS Logo

AIR LIQUIDE OFFSHORE AS

Air Liquide er verdens største Industri gass selskap. Vi har mer enn 40000 ansatte world wide og er tilstede i alle store offshore hubs i verden.

Se profil | offshorex.no
Stahl-Syberg A/S Logo

Stahl-Syberg A/S

Supplies a total concept for explosion protection from R.Stahl, a world leader in the field of electrical and electronic equipment. Agent for Hawke and Schniewindt.

Se profil | offshorex.no
RENTAL TECHNOLOGY & SERVICES AS Logo

RENTAL TECHNOLOGY & SERVICES AS

RTS er leverandør av teknologi og utstyr som brukes i forbindelse med feltutbyggninger, kartlegging og inspeksjon. RTS utvikler produkter som brukes av de fleste aktører som driver med med konstruksjon og Subsea både i Norge og internasjonalt.

Se profil | offshorex.no
Tips oss
Kontakt oss
Offshore.no AS
Annonsere
Ansvarlige
Sjefsredaktør: Erlend Keilen
OPPHAVSRETT
Alt innhold er opphavsrettslig beskyttet.
Copyright Offshore.no AS