Amazon, BASF, Covestro, REWE Group, and Google sign Corporate Power Purchase Agreements (CPPAs) with Ørsted for Borkum Riffgrund 3 capacity

Type: Ppa · Technology: Offshore Wind · Country: Germany · Capacity: 786 MW · Announced: 2026-08-31

Ørsted has secured a total of 786 MW of capacity from its Borkum Riffgrund 3 offshore wind farm through several long-term Corporate Power Purchase Agreements (CPPAs). The offtake agreements, ranging from 10 to 25 years in duration, have been signed with major corporations including Amazon (350 MW), BASF (186 MW), Covestro (100 MW), Energie-Handels-Gesellschaft/REWE Group (100 MW), and Google (50 MW). These agreements ensure the sale of power generated by the 913 MW offshore wind farm, contributing to the renewable energy targets of the participating companies.

Analysis

Ørsted has announced Corporate Power Purchase Agreements (CPPAs) for 786 MW of capacity from its Borkum Riffgrund 3 offshore wind farm in Germany. These long-term agreements, ranging from 10 to 25 years, include 350 MW with Amazon, 186 MW with BASF, 100 MW with Covestro, 100 MW with Energie-Handels-Gesellschaft/REWE Group, and 50 MW with Google. Ørsted is a Danish multinational power company and a global leader in offshore wind power. Google has secured 7 verified deals, including nearly 1.2 GW of carbon-free energy via PPAs with Clearway, and Amazon is actively investing in renewable energy to power its operations.

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