EnBW and consortium complete EUR 2.4 billion investment in He Dreiht 960 MW offshore wind farm in German North Sea

Type: Investment · Technology: Offshore Wind · Country: Germany · Capacity: 960 MW · Value: ZAR 2.4B · Announced: 2026-08-12

EnBW and a consortium including Allianz Global Investors, AIP Management, and Norges Bank Investment Management completed a EUR 2.4 billion investment to develop the 960 MW He Dreiht offshore wind farm in the German North Sea. Located 85 kilometers northwest of Borkum, the project is being built without state funding and is expected to reach full operation by late summer 2026. Once operational, He Dreiht will generate enough electricity to power approximately 1.1 million households. The consortium holds a 49.9% stake in the project, with EnBW retaining majority ownership. The investment underscores EnBW's commitment to expanding renewable energy capacity in Germany's offshore wind sector.

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